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СМОТ

English translation: P4P

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03:32 Dec 3, 2010
Russian to English translations [PRO]
Social Sciences - Human Resources / Incentive systems
Russian term or phrase: СМОТ
Система мотивации и оплаты труда. I know what it stands for, but am interested in whether there's a set term in English, used as its equivalent, and if that has a usual acronym. Or, am I free to call it a Labor Incentive and Remuneration System (LIRS)?

The only relevant acronym in the Acronym Finder is PBIS - Performance-Based Incentive System. But that's different. Here you have "incentive and remuneration," which is a rather common h.r. phrase. There's a not very inspiring single match for "employee incentive and remuneration system," but no such acronym.

In my text, they use this acronym for pages on end.
Rachel Douglas
United States
Local time: 13:03
English translation:P4P
Explanation:
An Incentive Program is a formal scheme used to promote or encourage specific actions or behavior by a specific group of people during a defined period of time. Incentive Programs are particularly used in business management to motivate employees, and in sales in order to attract and retain customers. The scientific literature also refers to this concept as Pay for Performance.
http://en.wikipedia.org/wiki/Incentive_program

Pay for performance, sometimes abbreviated "P4P" ...
http://en.wikipedia.org/wiki/Pay_for_performance_(human_reso...

P4P is an incentive-based reimbursement system ...
— [PDF] http://www.ashp.org/DocLibrary/Policy/QII/Pay-For-Performanc...

"P4P" performance
http://goo.gl/wFyAi

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Note added at 1 day6 hrs (2010-12-04 09:51:45 GMT)
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Yes, P4P does only a part, if the most important one, :) of the job.

There is also "Motivation and Reward System" — http://goo.gl/hNY82 — but neither acronymfinder nor acronymattic have M&RS and MRS.
Selected response from:

rns
Grading comment
Thanks. I ended up writing P4P System after taking advantage of the fact that the document contained a glossary, so what it stands for could be spelled out. And I told the client they could either take it, or make up their own acronym "LIRS". I'm not going to put it in the glossary, only because it's not exactly the same,
4 KudoZ points were awarded for this answer

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Summary of answers provided
3P4P
rns


  

Answers


55 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
P4P


Explanation:
An Incentive Program is a formal scheme used to promote or encourage specific actions or behavior by a specific group of people during a defined period of time. Incentive Programs are particularly used in business management to motivate employees, and in sales in order to attract and retain customers. The scientific literature also refers to this concept as Pay for Performance.
http://en.wikipedia.org/wiki/Incentive_program

Pay for performance, sometimes abbreviated "P4P" ...
http://en.wikipedia.org/wiki/Pay_for_performance_(human_reso...

P4P is an incentive-based reimbursement system ...
— [PDF] http://www.ashp.org/DocLibrary/Policy/QII/Pay-For-Performanc...

"P4P" performance
http://goo.gl/wFyAi

--------------------------------------------------
Note added at 1 day6 hrs (2010-12-04 09:51:45 GMT)
--------------------------------------------------

Yes, P4P does only a part, if the most important one, :) of the job.

There is also "Motivation and Reward System" — http://goo.gl/hNY82 — but neither acronymfinder nor acronymattic have M&RS and MRS.


rns
Specializes in field
Native speaker of: Native in RussianRussian
PRO pts in category: 32
Grading comment
Thanks. I ended up writing P4P System after taking advantage of the fact that the document contained a glossary, so what it stands for could be spelled out. And I told the client they could either take it, or make up their own acronym "LIRS". I'm not going to put it in the glossary, only because it's not exactly the same,
Notes to answerer
Asker: Thanks, that's an interesting idea. I had thought of P4P as referring to the incentive side, but I suppose that by denoting the variable component of the remuneration formula, it alludes to the system as a whole - both the fixed and variable components. Still, if you reverse the look-up, P4P is sometimes defined as "оплата по результатам", which is a bit more specific than this СМОТ is. So, it would make me nervous to insert it in a document which repeats it a lot; and I'm even less enthusiastic about writing a translator's note to try and explain why I'm using the acronym for something that's close, but not quite the same.

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