Implementing a reward and incentive system

Assignment Help Business Management
Reference no: EM132841724

Kaitlin is manager of the county library and is considering developing and implementing a reward and incentive system that helps promote good strategy execution. What should she AVOID doing in her strategy implementation effort?

Multiple Choice

-The reward system must be administered with scrupulous objectivity and fairness.

-The payoff for meeting or beating performance targets must be a major, not minor, piece of the total compensation package.

-Any incentive plan should extend to all managers and all employees, not just top management.

-Ways must be found to reward deserving non-performers who, for some reason, do not fare well under the incentive system.

-Make sure that the performance targets each individual or team is expected to achieve involve outcomes that the individual or team can personally affect.

Reference no: EM132841724

Questions Cloud

Role of change management important : Why is the role of change management important in an organization?
Implement Phase Strategies : Lists four strategies for implementing projects. As with other strategies, each approach may work or fail depending on the specific situation.
How did social perceptions of raqs change across millennia : In what context did raqs ("belly dance" or "danse du ventre") originate? According to Helland (2001) how did social perceptions of raqs change across.
What are some audit procedures you could utilize : You are performing an audit and have been asked to test the accuracy of petty cash. What are some audit procedures you could utilize
Implementing a reward and incentive system : Kaitlin is manager of the county library and is considering developing and implementing a reward and incentive system that helps promote good strategy execution
What are the dances that influence square dance : What are the dances that influence square dance? How and why was Square Dancing introduced into public school curricula? Why was this problematic?
Providing insights into cultural differences : Provide a comparison of at least three cultural examples of your chosen country with the U.S. For example, a handshake is appropriate as a business greeting in
How are capital project investments prioritized : Once a business computes its cost of capital, discuss how a manager might decide whether to take on project or not. How capital project investments prioritized
What do you think of the idea of a flipped classroom : What do you think of the idea of a flipped classroom? What lesson might you teach in your own classroom that could be taught in the flipped classroom format?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd