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Part B Objective: Discuss how incentive pay and traditional pay systems differ. There is currently a tendency among business professionals to endorse...

Part B

Objective: Discuss how incentive pay and traditional pay systems differ.

There is currently a tendency among business professionals to endorse the use of incentive pay plans. Identify two (2) jobs for which individual incentive pay is appropriate and two (2) jobs for which individual incentive pay is inappropriate. Be sure to include your justification.

Part C

Objective: Describe the most broadly used corporate-wide incentive programs—profit sharing and employee stock option plans.

Critics of profit sharing plans maintain that these plans do not motivate employees to perform at higher levels. Describe two (2) conditions under which profit sharing plans not likely to motivate employees.

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Objective: Discuss how incentive pay and traditional pay systems differ. Undeniably the traditional pay system actually... View the full answer

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