Question: 4. Unlike individual incentive programs, group and companywide incentive programs reward individuals based on group (e.g., cost savings in a department) and companywide (e.g., profits)
4. Unlike individual incentive programs, group and companywide incentive programs reward individuals based on group (e.g., cost savings in a department) and companywide
(e.g., profits) performance standards, respectively.
Under group and companywide incentive programs, it is possible for poor performers to benefit without making substantial contributions to group or company goals.
What can companies do to ensure that poor performers do not benefit?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
