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Ch 5 _ 11 - – Scanlon – Rucker • Issues in designing...

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71-342: Compensation Management 1 Performance Pay Plans
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71-342: Compensation Management Types of Performance Pay Plans Individual Group Organization 2
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71-342: Compensation Management Individual Performance Pay Plans Piece rate Straight piece rate Differential piece rate Commission Merit pay Raise Bonus Special purpose incentives Incentive for attendance Incentive for creativity 3
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71-342: Compensation Management Group Performance Pay Plans Gain sharing plan
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Unformatted text preview: – Scanlon – Rucker • Issues in designing gain sharing plan – Defining baseline – Deciding the share & split – Establishing the bonus formula 4 71-342: Compensation Management Organization Performance Pay Plans • Profit sharing plan – Current distribution plan – Deferred profit-sharing plan – Combination plan • Employee stock plan – Stock bonus plan – Stock purchase plan – Stock option plan – Phantom stock plan 5...
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Ch 5 _ 11 - – Scanlon – Rucker • Issues in designing...

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