1. Identify and explain five (5) payment incentives used by organizations to reward individual performance.
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1. Identify and explain five (5) payment incentives used by organizations to reward individual performance.
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- HOME WORK CHAPTER 11- Total Rewards & Compensation 5. What are the necessary criteria for giving exempt status to an employee?x. critically analyze and discuss the myriad factors that frequently shape an organization's compensation decisions, considering both internal and external influences."5. What are the necessary criteria for giving exempt status to an employee? 6. List the special/pay/overtime issues that pertain to nonexempt employees.
- 18 - Which of the following is not among the norms emphasized while defining wages in businesses? a) Justice B) Profit Maximization NS) Equity D) The value of the business TO) NeedDiscuss,,,In what ways can performance management be used to support employee growth and development?Discuss comprehensively on the compensation management in relation to industrial revolution 4.0.
- 7)Which approach is followed for Compensation and Benefits in the organizationsHOME WORK CHAPTER 11- Total Rewards & Compensation (Note: It is not a graded question but meant for learning purposes) 4. Explain each of the legal issues/laws that pertain to compensation.Pay-for-performance compensation models improve employee engagement and retention by clearly tying employee or company achievement of performance goals to tangible financial rewards. 1. What are the advantages and disadvantages if pay-for-performance compensation model will be adopted by the government? 2. Which government agency will benefit from this compensation model?
