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Performance Measurement and Its Link to Incentive System
[Měření výkonnosti a jeho propojení se systémem odměňování]

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  • Kateřina Knorová

Abstract

Performance measurement is an integral part of performance management and its primary role is an information function. Performance measurement system has an impact on the motivation of individuals as well. By linking performance measures and incentive system the motivation function is strengthen. This paper analyses essential approaches that justify or disapprove the positive impact of incentives on the motivation and performance of individuals.

Suggested Citation

  • Kateřina Knorová, 2015. "Performance Measurement and Its Link to Incentive System [Měření výkonnosti a jeho propojení se systémem odměňování]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2015(4), pages 116-132.
    • Handle: RePEc:prg:jnlcfu:v:2015:y:2015:i:4:id:462:p:116-132
    DOI: 10.18267/j.cfuc.462
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    References listed on IDEAS

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    1. Ross, Stephen A, 1973. "The Economic Theory of Agency: The Principal's Problem," American Economic Review, American Economic Association, vol. 63(2), pages 134-139, May.
    2. Bruno S. Frey & Reto Jegen, 2001. "Motivation Crowding Theory," Journal of Economic Surveys, Wiley Blackwell, vol. 15(5), pages 589-611, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Performance measurement; Incentives; Intrinsic and extrinsic motivation; Motivation crowding out; Měření výkonnosti; Odměňování; Vnitřní a vnější motivace; Vytěsnění motivace;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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