Discuss the pros and cons of this approach and suggest

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Assignment: You are the HR manager for a medium-sized toy manufacturing firm. In 2023, the company wants to increase its annual production output by 85% percent and increase annual profit by 7%. Your CEO is convinced that the best way to accomplish this goal is to monitor each employee's daily productivity and provide individual end-of-year performance bonuses to those employees who meet their daily targets.

Question: Discuss the pros and cons of this approach, and suggest some possible alternatives.

Reference no: EM133306564

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