• Namrata Dubey

PERFORMANCE-BASED COMPENSATION MODELS FOR FACULTY FIELD : HUMAN RESOURCE Abstract: In teaching colleges, the discussion surrounding faculty compensation models has evolved to emphasize the alignment of rewards with performance. This paper explores the concept of performance-based compensation models for faculty, focusing on how such models can enhance motivation and excellence in higher education institutions. The research delves into the rationale behind performance-based compensation, examining its potential benefits and challenges. By reviewing existing literature, this study investigates various approaches to designing and implementing performance-based systems, considering factors such as teaching effectiveness, research productivity, service contributions, and institutional impact. The impact of performance-based compensation on faculty motivation, job satisfaction, and overall organizational performance is analysed, along with the implications for faculty development and retention. Additionally, the paper addresses considerations for equitable and fair implementation, including the role of student evaluations, peer reviews, and institutional goals in determining performance metrics. Through a synthesis of theories and empirical evidence, this research aims to provide insights into the effectiveness of performance-based compensation models for faculty in fostering a culture of excellence, continuous improvement, and accountability in teaching colleges.

"PERFORMANCE-BASED COMPENSATION MODELS FOR FACULTY ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 2, page no.g430-g441, February-2024, Available :http://www.jetir.org/papers/JETIR2402656.pdf

"PERFORMANCE-BASED COMPENSATION MODELS FOR FACULTY ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 2, page no. ppg430-g441, February-2024, Available at : http://www.jetir.org/papers/JETIR2402656.pdf