Unformatted text preview: hourly wage is changing to incentive pay effective within a few days. Most people were upset because understandably, they were unsure of the new pay structure, however I had been on incentive pay in my past, and was aware of its benefits, and therefore my attitude was on a positive level regarding the new pay structure. I understand that this means, I have more control over my pay, and I could pay more if I tried harder. In the old pay plan, such as as hourly wage with no other incentive, allows for no growth, motivation, and it is bad for the employees and for business. I feel that revenue rises, attitudes change, and incentive pay, quickly wean the bad seeds out of a company, and it also scares off the weak links. It motivates those who want to succeed and not just come to work for a pay check. It challenges the employees, and it also makes them work harder, as they are working toward receiving a reward/incentive....
View Full Document
- Summer '09
- Business, 50 percent, incentive pay, Gregorio Billikopf