For incentive pay to motivate employees to contribute to the organization's success,the pay plans must be well designed.Which of the following statements describes a characteristic of a well-designed plan?
A) Performance measures are to be linked to the individual's goals.
B) Employees are given unattainable performance standards.
C) Employees value the rewards or incentives that are being offered.
D) Employees are given limited resources to meet their goals.
E) The pay plan takes into account that employees will accept all goals irrespective of their rewards.
Correct Answer:
Verified
Q3: An organization should keep information, such as
Q19: Incentive pay for executives lays the groundwork
Q26: As an incentive to work efficiently, some
Q28: Piecework rate plans are most suited for
A)
Q31: Which of the following is a disadvantage
Q31: In the process of designing incentives, managers
Q32: The many kinds of incentive pay fall
Q34: A pay structure specifically designed to energize,
Q38: The balanced scorecard helps employees understand the
Q39: Jules & Co. ,a smartphone manufacturing company,provides
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents