5.2 Individual incentive-pay system
Individual incentive-pay program is based on finding the equal compensation for made output. An employee wage is determined by how much the employee produces. “High output means high wages and on the other hand side the low output results in lower pay. If we want to use this method three conditions has to be meet” :
1. The individual’s work output can be easily identified and measured
2. Programmed tasks are performed respectively
3. The individual controls the work pace

For example: bank consultant is paid due to his/her output. This output can be easy measured, because is easy to count how many contracts has he/she scrabbled up and how much money has he/she “brings to the company”. Aspect of individual work pace control system gives to these jobs responsibility for achieved goals which is included in the wage.


6. Conclusion

The differences between the wages are natural and people agree with them. If there were not any differences, than there will be no motivation to study or in gaining experiences.
For example: young girl wants be a manageress, because she wants to lead people, but she also wants to have high wage. For this position, managerial skills are required, and therefore she has to study management if she wants to perform this kind of occupation. It can be said that the difference between the wages is the difference between the value of the skills, experiences and education required for the particular positions.