Different types of incentive and compensation plans

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Reference no: EM131232350

When working in HR, you will quickly learn that different people value different types of incentive and compensation plans. This assignment will challenge you to investigate the different types of incentive programs. Complete both parts of the following assignment:

a) Compare the advantages and disadvantages of the four types of incentive payment programs (performance-based, individual, group/team, and organizational).

b) What rewards do you think are most effective and why? Which would you be most interested in receiving as an employee or giving as an employer and why?

Reference no: EM131232350

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