When designing a bonus system, you want to reserve the right to make adjustments LO4 to fine-tune
Question:
When designing a bonus system, you want to reserve the right to make adjustments LO4 to fine-tune and improve it over time, but such flexibility makes your employees nervous that you might renege via wage theft or the ratchet effect.
Given that tradeoff, what advice would you give Legend’s management if they sought your advice as a compensation consultant?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Strategic Compensation And Talent Management Lessons For Managers
ISBN: 9781108495202
1st Edition
Authors: Jed DeVaro
Question Posted: