A Towers Perrin report via Management Issues reports on the global spread of pay for performance. The success of the approach in North America and Europe has led to adoption in Asian and Latin American countries alongside regionally-based reward packages.
James Matthews a Towers Perrin principal noted:
“We are seeing annual bonuses, which used to be reserved for the
professional-level employee, being used more broadly in lower levels in
the organizations, represented in our study by the manufacturing
employee, said. For the
first time, in countries like Canada, France, Korea, Mexico and the
United Kingdom, year-end bonuses for this group are the norm and not
the exception.”












