Fees and systems performance based remuneration

Pay can be shortly expressed as the reward of labor, also is a factor of working relationship between employee and employer. One of the important legal and ethic norm about this relationship and compensation is equity. Pay equity providing the value of the job undertaken and the contribution provided is in accordance with pay, is an important determinant in terms of employees' satisfaction, motivation and performance, cost-effectiveness and competitiveness of the organization. However, it is observed that there is less interest about performance related pay in literature and practice. Also, it has been thought that the most negative reactions for performance related pay systems do not result from the idea of pay for performance, but from faulty systems not planned and managed carefully. In this study, relationship between pay and performance had been investigated in all aspects theoretically. Businesses attract skilled labor from, to keep costs under control, and to motivate employees to corporate values and strategies to promote appropriate behavior by highlighting the employees have to give value to the management fee. Although simulation is rallying around common goals of every business has its own compensation policies and systems. Businesses which they have adopted as a result of the wage system with specific methods, employees have done their work and their performance is even charges as a result of competence they have. This topic which is important as management fees, together with its sensitivity to the emergence of many problems are caused. Businesses need to give importance to this issue, to identify possible issues in advance and keeping under constant supervision system is to improve the results. In this study, employees' performance-based wage system on the precision by examining the wage system content by examining the wage management problems encountered by transferring employees on performance-based remuneration system and the wage structure effect in detail discussed are analyzed.