Reference no: EM132824448
Assignment: Post your submission in the designated area of the Week 7 Assignment Folder
Address the following questions:
• Describe the strategic importance of performance-based pay
• From the employee perspective, what are the major advantages and disadvantages of these different forms of performance-based pay: recognition, merit, incentives, earnings at risk.
• From the employer perspective, what are the major advantages and disadvantages of these different forms of performance-based pay: recognition, merit, incentives, earnings at risk.
• Describe the challenges associated with using team incentives.
• Is performance-based pay more likely to cause employees to behave unethically compared to paying a straight salary, wage, commission? Why or why not?
To address the above instructions:
• Write an instruction statement/question and then your response.
• Each instruction/question response should be double-spaced and a minimum of 100 words, excluding the instruction/ question.
• Use at least 5 credible resources, excluding the text, to support your key points.
• Use the APA format to cite and reference references.
• Word or pdf format only accepted.
Use the online library and other research resources to deepen your understanding of the topic and the relevant research that has been done. Use your textbook and online course material to support your work plus at least 5 credible references. All textual and digital material must be properly referenced according to APA's Style and Formatting guidelines. Check for spelling, grammar, word usage and punctuation. (Review to the following Grading Criteria before preparing/submitting your submission.)
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