A specialized team has been formed to complete a six-month technology project at a large financial services firm.At the end of the six months,upon successful completion of the project,each employee will receive a $2500 bonus as a
A) retention strategy.
B) promotion.
C) succession plan.
D) severance package.
E) lateral move.

Question

Quizplus · Accepted Answer

A bonus given at the end of a project is a form of retention strategy, as it incentivizes employees to stay with the company and potentially work on future projects. None of the other options apply, as there is no indication of promotion, succession planning, severance, or lateral moves in this scenario.

A Specialized Team Has Been Formed to Complete a Six-Month