Advantage and Disadvantage of Individual Performance Related Pay in Hotel Sector

Table of Contents
INTRODUCTION................................................................................................................................3
TASK....................................................................................................................................................3
1. Disadvantage and advantage of individual performance related pay...........................................3
2. How suitable is IPRP to business environment of hotel?.............................................................5
3. Barriers to effective design and implementation of IPRP scheme...............................................6
4. Different reward approaches which used to replace individual performance related pay scheme
and why these work more effectively...............................................................................................6
CONCLUSION...............................................................................................................................7
REFERENCES.....................................................................................................................................7

Executive Summary
In the recent time, business units are placing high level of emphasis on undertaking
performance related pay system. This report is based on Cavendish Hall Hotel which offers
accommodation facility to the customers. IPRP implies for the aspect of reward management which
focuses on offering pay to the individuals on the basis of their performance. Such hotel unit
provides personnel with several rewards in the form of merit pay, standard hour plans etc with the
aim to motivate them. It can be summarize from the report that Cavendish Hall Hotel can
implement the IPRP system in its operations so as to derive benefits of increased benefits with ease.
It can be depicted from the evaluation that by taking feedback from personnel hotel unit can avoid
barriers identified.
INTRODUCTION
IPRP define the aspect of reward management in which essential assessment is create for the