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Author Question: Which of the following is the LEAST relevant characteristic of an effective incentive plan? (Read 633 times)

luvbio

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on: Sep 23, 2019

Question 1

Upon being hired as a marketing representative at Argo Pharmaceuticals, Shelly agreed to forego 10% of her normal pay if she failed to meet performance goals. In return, Shelly will receive a 10% bonus if she meets her goals and 13% if she exceeds her goals. In what type of plan does Shelly most likely participate?
◦ at-risk gainsharing plan
◦ earnings-at-risk pay plan
◦ variable risk sharing plan
◦ risk-reward stock plan

Question 2

Which of the following is the LEAST relevant characteristic of an effective incentive plan?
◦ Rewards are attractive to targeted employees.
◦ Incentives are based on industry standards.
◦ Incentives are linked to effort and performance.
◦ Goals are specific, achievable, and challenging.
Fundamentals of Human Resource Management ¦ Dessler ¦ 5th Edition
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Marked as best answer by luvbio on Sep 23, 2019

mohan

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Reply #1 on: Sep 23, 2019
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tpowers

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Reply #2 on: Nov 18, 2020
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