{"id":12889,"date":"2019-02-01T09:41:54","date_gmt":"2019-02-01T09:41:54","guid":{"rendered":"http:\/\/cio.edu.umh.es\/?p=12889"},"modified":"2019-02-01T09:41:54","modified_gmt":"2019-02-01T09:41:54","slug":"dea-based-benchmarking-for-performance-evaluation-in-pay-for-performance-incentive-plans","status":"publish","type":"post","link":"https:\/\/cio.umh.es\/en\/2019\/02\/01\/dea-based-benchmarking-for-performance-evaluation-in-pay-for-performance-incentive-plans\/","title":{"rendered":"DEA-based benchmarking for performance evaluation in pay-for-performance incentive plans (2018). Omega, 84, 45-54."},"content":{"rendered":"<p>[:es]<strong>Wade D. Cook\u00a0<\/strong>(<em>York<\/em>\u00a0<em>University of Toronto<\/em>),\u00a0<strong>Nuria Ram\u00f3n <\/strong>(<em>Miguel Hern\u00e1ndez University of Elche<\/em>),<strong>\u00a0Jos\u00e9 Luis Ruiz<\/strong>\u00a0(<em>Miguel Hern\u00e1ndez University of Elche<\/em><em>),<\/em>\u00a0<strong>Inmaculada Sirvent <\/strong>(<em>Miguel Hern\u00e1ndez University of Elche<\/em>) and\u00a0<strong>Joe Zhu<\/strong>\u00a0(<em>Worcester Polytechnic Institute<\/em>).<br \/>\n<strong>Abstract.<\/strong>\u00a0Incentive plans involve payments for performance relative to some set of goals. In this paper, we extend Data Envelopment Analysis (DEA) to the evaluation of performance in the specific context of pay-for-performance incentive plans. The approach proposed ensures that the evaluation of performance of decision making units (DMUs) that follow the implementation of incentive plans, is made in terms of targets that are attainable, as well as representing best practices. A model is developed that adjusts the benchmarking to the goals through the corresponding payment of incentives, thus DEA targets are established taking into consideration the improvement strategies that were set out in the incentive plans. To illustrate, we examine an application concerned with the financing of public Spanish universities.<br \/>\n<strong>Keywords.\u00a0<\/strong>Benchmarking; Target setting;\u00a0Incentive plans; Goals; Data envelopment analysis[:]<\/p>","protected":false},"excerpt":{"rendered":"<p>[:es]Wade D. Cook\u00a0(York\u00a0University of Toronto),\u00a0Nuria Ram\u00f3n (Miguel Hern\u00e1ndez University of Elche),\u00a0Jos\u00e9 Luis Ruiz\u00a0(Miguel Hern\u00e1ndez University of Elche),\u00a0Inmaculada Sirvent (Miguel Hern\u00e1ndez University of Elche) and\u00a0Joe Zhu\u00a0(Worcester Polytechnic Institute).<br \/>\nAbstract.\u00a0Incentive plans involve payments for performance relative to some set of goals. In this paper, we extend Data Envelopment Analysis (DEA) to the evaluation of performance in the specific [&#8230;]<\/p>","protected":false},"author":3477,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_links_to":"","_links_to_target":""},"categories":[369888],"tags":[],"_links":{"self":[{"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/posts\/12889"}],"collection":[{"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/users\/3477"}],"replies":[{"embeddable":true,"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/comments?post=12889"}],"version-history":[{"count":0,"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/posts\/12889\/revisions"}],"wp:attachment":[{"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/media?parent=12889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/categories?post=12889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cio.umh.es\/en\/wp-json\/wp\/v2\/tags?post=12889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}