Merit pay is a term describing performance-related pay, most frequently in the context of educational reform. It provides bonuses for workers who perform their jobs effectively, according to measurable criteria. In the United States, policy makers are divided on whether merit pay should be offered to public school teachers, as is commonly the case in the United Kingdom.
Read more about Merit Pay: History of Merit Pay, Effort Versus Selection, Loss Aversion and Merit Pay, Pros, Cons, Political Opinions
Famous quotes containing the words merit and/or pay:
“Certainly the best works, and of greatest merit for the public, have proceeded from the unmarried, or childless men.”
—Francis Bacon (1561–1626)
“You never see animals going through the absurd and often horrible fooleries of magic and religion.... Dogs do not ritually urinate in the hope of persuading heaven to do the same and send down rain. Asses do not bray a liturgy to cloudless skies. Nor do cats attempt, by abstinence from cat’s meat, to wheedle the feline spirits into benevolence. Only man behaves with such gratuitous folly. It is the price he has to pay for being intelligent but not, as yet, quite intelligent enough.”
—Aldous Huxley (1894–1963)