1. The document discusses different types of individual contingent pay schemes including performance-related pay, contribution-related pay, competence-related pay, and skill-based pay. 2. It provides arguments for and against contingent pay schemes, noting that while they aim to reward better performance, the requirements for success are difficult and money alone does not create sustained motivation. 3. Key criteria for effective contingent pay schemes include having a clear line of sight between employee efforts and rewards, fair and consistent performance measurement, and employee ability to influence performance.