Detail some of the key assumptions behind pay-for-performance compensation plans.
What are some drawbacks, or negative consequences, pay-for performance compensation plans?
What can be some challenges of developing a team-based performance compensation plan?
What does it take to have a successful piece-rate plan?
Merit pay differs from bonus programs in what way?
What is a desired outcome of an individual-based pay for performance plan?
What does it take to have a successful pay-for performance compensation plan?
You want to foster group cohesiveness and facilitate performance measurement. An incentive program that would most likely help you do this would be_________________________.
What are some advantages of team-based performance plans?