An effective incentive pay plan should:
A. have performance measures based on employees' requirements.
B. not be provided as a direct percentage of employees' performance.
C. encourage group performance and dispirit individual achievements.
D. be the same for all types of employees in the organization.
E. have performance measures linked to the organization's goals.
Answer: E. have performance measures linked to the organization's goals.
You might also like to view...
The ____________________ is the total number of shares the corporation's charter allows a corporation to issue
Fill in the blank(s) with correct word
Advertising expense appears as a general and administrative expense on the income statement
Indicate whether the statement is true or false
A distribution of service times at a waiting line shows that service takes 6 minutes 30 percent of the time, 7 minutes 40 percent of the time, 8 minutes 20 percent of the time, and 9 minutes 10 percent of the time
This distribution has been prepared for Monte Carlo analysis. The first two random numbers drawn are 53 and 74. The simulated service times are ________ minutes, then ________ minutes. A) 6; 7 B) 7; 7 C) 7; 8 D) 8; 9 E) Cannot determine because no service time probability is that large.
_____are lump-sum payments,typically to reward strong performance from individual employees.
A. Commissions B. Salaries C. Wages D. Bonuses