Your instructor will place you in groups/teams for this assignment. Once you are in your team, discuss your current organization's employee incentives and motivation strategies. Examine the individual organization's compensation challenges and industry competition. As a team, you are required to develop an incentive plan that encourages an organizational culture that motivates employees and evaluates their performance. Your incentive plan (1,000-1,250 words) must include:
- An overview of the organization for which your team is developing an incentive plan.
- A performance metric to monitor employee performance.
- Motivation strategies and techniques to appeal to employees.
- Incentive compensation to remain competitive within the industry.
- ***Moral hazards affecting employees and the organization.***