Advantages and disadvantages of individual incentive plans


Questions:

1. We discussed in depth about four ways to improve performance ratings. Discuss in detail these four strategies. Identify the one that you think shows the most promise and defend your position.

Your response should be at least 300 words in length.

2. Some would argue that incentives are the key to retaining and attracting employees. It has been noted that there are various types of incentive plans. Discuss the advantages and disadvantages of individual incentive plans, team incentive plans, variable-pay plans, and group incentive plans. Provide examples of each plan.

Your response should be at least 300 words in length.

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Other Subject: Advantages and disadvantages of individual incentive plans
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