An incentive-based reward system is only effective if employees understand how to improve their measured performance.

Question

Quizplus · Accepted Answer

An incentive-based reward system works on the premise that employees are motivated to perform better when they are given rewards for achieving certain targets or goals. However, for the system to be effective, employees need to understand what they need to do to improve their performance and obtain the rewards. Clear communication and training on the criteria for success are key to ensuring that employees know how to maximize their performance and maximize their rewards.

An Incentive-Based Reward System Is Only Effective If Employees Understand