BUS409 Strayer University Incentive Pay Programs Essay

User Generated

Frperg24

Business Finance

BUS409

Strayer University

Description

Incentive Pay Programs" Please respond to the following:

  • Analyze the advantages of person-focused and job-based pay plans to determine which would be least preferable for companies in the technology industry. Explain your rationale.
  • Discuss at least (2) two disadvantages associated with team-based incentive pay plans. Provide examples to support your rationale.

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Running head: INCENTIVE PAY PROGRAMS

Incentive Pay Programs
Institution Affiliation
Date

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INCENTIVE PAY PROGRAMS

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Job-based pay plans are a salary pay structure that is based on compensation factors
determined by the work. The salary that an individual gets is determined by the responsibilities
of the work and working conditions. Some of the advantages of a job-based plan are that it is
based on the hierarchical organization structure, and most organizations follow this stru...


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