19 Sep 3-2 Blasc
reply to the students response in 150 words and provide 1 reference
question
What are the two basic requirements of an effective incentive pay plan? Please remember to explain your reasoning.
students response\
Incentive pay plans is a system that increases pay by productivity or performance. The two types of incentive plans are individual based performance plans and group based performance plans. Individual based plans rely on the employee and their own performance. Group based incentive plans are based off of the performance of the group as a whole. To have an effective incentive plan, employees must be involved. The incentive plans must be based on the employees performance, and they must be evaluated on a fair scale. The relationship of performance and incentives, must be shown. For a group based plan, the employees performance must have a direct relationship with the rewards that are given as a whole group. In my opinion, I believe employee based incentive plans would work better because people rely on their own performance and not on others. Employees will see a better relationship on their own performance instead of the performance of their peers.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.