Successful Tips for Concept of Pay for Performance

When doing annual reviews, it’s common to financially compensate for good reviews. When dealing with money though, there are some issues to watch out for.
“Pay-for-performance” is a term for initiatives aimed at improving the quality, efficiency, and overall value of health care. These arrangements provide financial incentives to hospitals, physicians, and other health care providers to carry out such improvements and achieve optimal outcomes for patients.
Pay for performance aligns employees’ compensation with their contributions at work, so they will produce more to receive more pay.