The American Federation of Teachers recently announced innovation grants for performance pay ideas.
The MOH has contracted with a local organization, Square Entrepreneurship Development Consult, to develop the business planning and financial management capacities of cooperatives as grants for performance-based financing from the Global Fund are phased out over time.
The city's contract with the teachers' union, which expired in 2009, remains to be negotiated, raising questions about whether the next mayor will support the granting of individual performance bonuses for teachers — the union prefers schoolwide bonuses — or will call for teachers to be laid off if their positions are cut and they cannot find new ones.
The next round of performance grants will be announced at the end of this month.
In most P4P schemes, financial incentives were granted on the basis of performance on a combination of structure (n = 6) and/or process indicators (n = 6).
Of the four financial incentives that were (partly) granted on the basis of performance on outcome measures, two P4P schemes targeted at patient experience/satisfaction (PBIP; IHA-P4P) whereas three financial incentives (WNY-P4P; BWPO-P4P, MPGPD) targeted at clinical outcome (i.e. % of patients with HbA1c value ≤ 7.5 or blood pressure ≤ 130/80).
Current accounting rules force both restricted stock grants and those of performance-based options to be treated as an expense.
This rewards managers for staying in their jobs, but does little to encourage better long-term performance; grants of shares based on profit or revenue growth, for example, might be a better approach.
While some view the study as evidence that such programs are ineffective, advocates say that with just two years of data, it's too early to judge the program, funded with a $27.5 million federal grant, and the larger concept of performance pay.
Faculty staff trained in grant writing/management were provided with resources for competitive grants solicitation as well as for quality control and monitoring of performance of laboratory equipment.
Most PRs thought the grant rating methodology was not a fair reflection of performance.
