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Individual incentive plans-team incentive plans

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Reference no: EM131992717

Some would argue that incentives are the key to retaining and attracting employees. It has been noted that there are various types of incentive plans. Discuss the advantages and disadvantages of individual incentive plans, team incentive plans, variable-pay plans, and group incentive plans. Provide examples of each plan.

Reference no: EM131992717

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