Describe the strategic importance of performance-based pay

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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?

Reference no: EM132879961

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