Linking performance and pay

We are looking at alternative means of recognising performance when reviewing salaries however we are interested in how to do this without going down the individual appraisal route. Has anyone implemented a team/organisation based system which has brought real benefits to productivity and morale?
Fiona Mallarkey

We are looking at alternative means of recognising performance when reviewing salaries however we are interested in how to do this without going down the individual appraisal route. Has anyone implemented a team/organisation based system which has brought real benefits to productivity and morale?
Fiona Mallarkey