Strategic HRM: Individual Performance Related Pay and its Impact on Employee Performance

STRATEGIC HRM
assessment 1

Table of Contents
INTRODUCTION ..........................................................................................................................1
MAIN- BODY.................................................................................................................................1
Critically evaluate extent to which individual performance related pay can stimulate higher
levels of performance from employees.......................................................................................1
Considering circumstances related to IPRP tends to motivates employees why and what
circumstances tends not to work so well.....................................................................................4
CONCLUSION ...............................................................................................................................5
REFERENCES...............................................................................................................................6

INTRODUCTION
Strategic human resource management refers to an activity that includes the future
oriented process for developing and implementing the HR programs that can used by the
business organisation for solving the issues within business so that it can be directly contribute in
the long term objectives. It leading in directly impact the performance of employees and their
overall productivity. In this manager can focus on hiring, firing, administration, benefits and
training. The strategic management is an activity that is used by the 0organisation for developing
the relation between human resources and employees so that goals can be attained on time. It
also helps in proper working so that company will gain the competitive advantage and also
enhance the quality of working culture in effective manner. This report is based on Leon
restaurant that is a fast food chain within UK, established in 2004. The firm is inspired by the
natural benefits that also includes the flavour of Mediterranean cooking. This report involves the
individual performance related pay that helps in stimulating the higher levels of performance of
the workforce. Further it also includes the circumstances that relates to IPRP which is helpful to
motivates the employees in several time and sometimes it will not motivates the workers work in
effective way(Zaid And et. al., 2018).
MAIN- BODY
Critically evaluate extent to which individual performance related pay can stimulate higher levels
of performance from employees
Performance related pay represents as a pay for performance that reflects as a methods
which is used to explain the several aspects of managing the employees pay so that they will not
confused with the performance related pay that is related with salary and assessment of
performance based on individual(Performance-related pay, 2020). It includes the distinct issues
that can be addressed according to the execution of several schemes that is adopted by business
firm for exploring the adequate linkage between performance and employee pay. It related to the
overall functions of line manager, distribution of rewards, different behaviour of employees and
many more. In enterprise there is a tough competition within market because of globalisation of
business that can reflects reflects the potential customers and effective companies. Due to this
business venture are regularly tries to improve the performance level of their work force that can
connects with supporting the individual performance related pay. In this employees can get the
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