Merit-based pay and how it works in educational settings.

Define merit-based pay and how it works in educational settings.
What are the pros and cons of merit-based pay in education?
Please add citations.

Rebore, R. W. (2015).
Chapter 8
Rebore, R. W. (2015). Human resources administration in education (10th ed.). Upper Saddle River, NJ: Pearson. Print ISBN: 9780133351934, 0133351939; eText ISBN: 9780133583359, 013358335X