Home > Free Essays > Education > Academic Performance > Performance driven compensation plan
Cite this

Performance driven compensation plan Report


Life skills software project is focused on offering better quality learning for students in foundation schools. The school aims at improving the enrollment rates in the near future while at the same time maintaining a high level of quality in education standards.

Current student number of students stands at 1000 but the enrolment rate increases by 5% every year. There are also plans to expand and build new branches.

The software has over 800 learning modules which focus on skills like call for emergency, the use of public transportation, paying for items purchased in a store, developing monthly budgets, setting up account as well as other basic communication skills for the students.

The software incorporates fun and interactive games, videos and fun activities. The effectiveness of the software to train and equip the students can be confirmed by the fact that it won the software of the year award.

Problem Statement

Despite the great advantage availed by the software, there is a great challenge of ensuring the teachers get to fully implement the software in the learning process. This requires two aspects to flow parallel to each other.

The teachers must be willing and able to learn the usage and application of the software. On the other hand, they must be willing and able to use the software optimally to ensure that as many students as possible learn the skills.

Topics

The applicable topics in developing the plan include leadership in program management, effective use of data and metrics in achieving optimal performance as well as performance management tactics. Leadership in program management will ensure that the teachers are fully motivated to learn and execute the program.

In this case the schools administration has to develop a comprehensive strategy to motivate the teachers. This should start with the education of the teachers on the importance of understanding and implementing the life skills software in the teaching process.

This definitely develops more interest towards the system. Secondly, the teachers should be led to understand that not applying the software makes their work more difficult given the pending increases in the teacher to student ratio (Leadership, 2010, par3).

Effective use of data and metrics in achieving optimal performance is critical towards developing an incentive program which is sustainable. Part of the incentives applicable to boost the teacher’s morale in learning and implementing the software would be to reward the teachers for progress both on the level of acquisition of the knowledge to use the system as well as the success to which they are able to apply the system in their teaching practice. Profitability will definitely be improved when the software is applied to a larger number of students without hiring more teachers.

Performance management tactics entails taking actions which ensure that emerging issues are effectively solved and do not present hindrances to performance. In the application of the software, it is important that a timeframe is developed to ensure that the teachers learn the software and effectively apply it.

Continued evaluation of the teacher’s performance will also offer a better channel of identifying and improving on emerging problems (Performance Management Tactics, 2009, par4).

Applying these topics will undoubtedly mean a much better plan for the school and more importantly boost the profits obtained from expansion in enrolment while not expanding expenses.

Two companies Nissan and Toyota are known for their successful implementation of leadership in management which has led to phenomenal growth of the companies.

Reference List

Leadership, (2010). Management about.com. Retrieved from

Performance Management Tactics, (Sept 2009). The Thriving Small Business. Retrieved from

This report on Performance driven compensation plan was written and submitted by your fellow student. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly.

Need a custom Report sample written from scratch by
professional specifically for you?

Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar

301 certified writers online

GET WRITING HELP
Cite This paper

Select a website referencing style:

Reference

IvyPanda. (2019, May 14). Performance driven compensation plan. Retrieved from https://ivypanda.com/essays/performance-driven-compensation-plan-report/

Work Cited

"Performance driven compensation plan." IvyPanda, 14 May 2019, ivypanda.com/essays/performance-driven-compensation-plan-report/.

1. IvyPanda. "Performance driven compensation plan." May 14, 2019. https://ivypanda.com/essays/performance-driven-compensation-plan-report/.


Bibliography


IvyPanda. "Performance driven compensation plan." May 14, 2019. https://ivypanda.com/essays/performance-driven-compensation-plan-report/.

References

IvyPanda. 2019. "Performance driven compensation plan." May 14, 2019. https://ivypanda.com/essays/performance-driven-compensation-plan-report/.

References

IvyPanda. (2019) 'Performance driven compensation plan'. 14 May.

Related papers