pay for performance
Earn through achievement
Pay for performance is a compensation model where payment depends on achieving specific results rather than time worked or effort expended.
In healthcare, it ties reimbursement to patient outcomes; in employment, it links bonuses to measurable goals: The sales team operates on a pay-for-performance basis.
The approach assumes that financial incentives improve results, though critics note it can encourage gaming metrics or neglecting unmeasured aspects of work.
- salaryFixed periodic employment payment
- reward systemsMechanisms reinforcing desired behaviors
- benchmarksStandards for measuring performance
- bonusReward beyond expectation
- productivity bonusExtra compensation for efficiency
commission · profit-sharing · healthcare systems · stock options · skin in the game · government agencies · quotas · moving the needle · educational institutions · gamification · merit-based pay · carrot and stick · quality standards · achievement awards · overtime pay · pay bump · sales targets · stretch goals
- healthcare systemshospital system, public hospitals, health plan, HMO, provider network
- profit sharingprofit sharing, profit-sharing, shared profits, revenue sharing, bonus
- incentive paycash bonus, merit bonus, sales commission, commission structure, bonus structure
- value-based carecapitation, risk sharing, patient outcomes, clinical outcomes
- performance metricsmetrics, metric, KPIs, benchmark, benchmarks
pay for performancebase salary
Guaranteed regular compensation
flat rate · hourly wage · salary schedule · base pay · guaranteed income
pay for performanceequal pay
Matching compensation regardless of identity
equal shares · pay equity · pay parity · cost-of-living adjustments
performance, paying, payer, payers, payment, payments, payable, payee, payees