Piecework is the oldest type of incentive plan; a worker is paid a piece rate for each

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Piecework is the oldest type of incentive plan; a worker is paid a piece rate for each unit he or she produces. Team incentives are another option. With team incentives, the employee's team receives an incentive payment (shared by team members) for achieving a target. Unlike individual incentive plans team-based plans pay incentives on how the team does, so that individual workers who do exemplary work may feel underpaid.? L01

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