An organization wants to provide its employees information about what its goals are and what it expects employees to accomplish.It is planning to implement an incentive plan that helps employees understand the organization's goals.Which of the following should be used by this organization?
A) A retention bonus
B) A piecework rate system
C) A merit pay system
D) The Scanlon plan
E) A balanced scorecard

Question

Quizplus · Accepted Answer

Not only does the balanced scorecard combine the advantages of different incentive-pay plans, it helps employees understand the organization's goals. By communicating the balanced scorecard to employees, the organization shows employees information about what its goals are and what it expects employees to accomplish.

An Organization Wants to Provide Its Employees Information About What