Question 1

Companies in such ________ industries as retail sales could benefit by including an incentive component in the core compensation programs they offer to employees.

Accepted Answer

The answer of Companies in such ________ industries as retail...

Question 2

The general rule of thumb is that short-term company goals last less than how long?

Accepted Answer

The answer of The general rule of thumb is that...

Question 3

In an effort to increase the productivity of its employees,a manufacturing company is considering adopting an incentive pay program.List and discuss the five factors the HR professionals should consider in the adoption of an incentive program.

Accepted Answer

The answer of In an effort to increase the productivity...

Question 4

Which of the following is true about the level of risk involved with incentive pay?

Accepted Answer

The level of risk involved with incentive pay depends on the extent to which employees control the attainment of a desired goal. For example, if the goal is dependent on factors outside of an employee's control, such as the economy or the actions of other employees, the risk is higher. If the goal is entirely within the employee's control, such as meeting a sales goal, the risk is lower. The other options are not necessarily true about the level of risk involved with incentive pay.

Quiz 4: Incentive Pay

Companies in such ________ industries as retail sales could benefit by including an incentive component in the core compensation programs they offer to employees.

The general rule of thumb is that short-term company goals last less than how long?

In an effort to increase the productivity of its employees,a manufacturing company is considering adopting an incentive pay program.List and discuss the five factors the HR professionals should consider in the adoption of an incentive program.

Which of the following is true about the level of risk involved with incentive pay?