Should LearninMotion use a mix of individual, team, and organizational incentives? If so, recommend specific incentives that
Question:
Should LearninMotion use a mix of individual, team, and organizational incentives? If so, recommend specific incentives that the company should use and discuss why you recommended each.
Of all its HR programs, those relating to pay for performance and incentives are LearnlnMotion's n1ost fully developed. For one thing, the venture capital firm that funded it was very explicit about reserving at least 10 percent of the company's stock for en1ployee incentives. The agreement with the venture capital firm also included very explicit terms and conditions regarding LearnlnMotion's stock option plan. The venture fund agreen1ent included an1011g its 500 or so pages the specific written agreement that LearnlnMotion.co1n woL1ld have to send to each of its employees, laying out the details of the company's stock option plan.
Step by Step Answer:
Human Resources Management In Canada
ISBN: 9780132604864
12th Canadian Edition
Authors: Gary Dessler, Nita Chhinzer, Nina D. Cole