Question
Individual-level performance pay systems have been heavily criticized by scholars and other experts for example merit pay merit raises may not always achieve their intended
Individual-level performance pay systems have been heavily criticized by scholars and other experts for example merit pay merit raises may not always achieve their intended purpose since employees come to expect the increase and see it as an entitlement unrelated to their performance. Explain Pros and Cons of individual incentive plans with regard to any specific industry using both International and Canadian context? Further recommend that how can these disadvantages be avoided by the organizations? Support your position with information properly referenced. Explain your answer in 500 words.
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