Historically,incentive plans have NOT been a major element of strategic compensation management.

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Incentive plans have been a major element of strategic compensation management throughout history. They are designed to motivate and reward employees for achieving specific objectives and goals, and are often used to align employee efforts with organizational objectives. Incentive plans can take many forms including bonuses, stock options, profit sharing, and commission-based compensation.

Historically,incentive Plans Have NOT Been a Major Element of Strategic