Contemporary reasons given by organizations for implementing incentive plans are
A)improving or maintaining high levels of productivity.
B)focusing employee efforts on specific performance targets.
C)linking compensation rewards to the achievement of results.
D)all of the above.

Question

Quizplus · Accepted Answer

All of the given reasons A, B, and C are contemporary reasons given by organizations for implementing incentive plans. These reasons aim to improve the performance and productivity of employees while aligning their efforts with the overall goals of the organization. By linking compensation rewards to the achievement of specific targets, employees are motivated to work harder and produce better results, which ultimately benefits the organization as a whole. Therefore, organizations use incentive plans as a tool to drive performance improvements and achieve their strategic objectives.

Contemporary Reasons Given by Organizations for Implementing Incentive Plans Are