Incentive payment schemes either involve the payment of a bonus or form the basis of incremental progression

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Incentive payment schemes either involve the payment of a bonus or form the basis of incremental progression systems. In either case, the reward should represent at least seven per cent of salary if there is to be a meaningful incentive effect.LO1

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Human Resource Management

ISBN: 9780273710752

7th Edition

Authors: Derek Torrington , Laura Hall, Stephen Taylor

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