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- Answer the following questions on different pay systems 1. Discuss the Merit pay system. How does the merit pay system differ from the incentive pay system? 2. Describe the seniority pay system and explain its advantages and disadvantages.The most frequently used strategy is to set pay at the low-pay level. Is this true or false?URGENT !!! Explain why it is so important to link performance and pay to strategies.
- Explain what is a job that works best with incentive pay and why ?Identify the most common forms of individual incentive pay plans. Describe as precisely as you can the kind of performance enhancement system that would be most likely to motivate you. Among the various alternative work scheduling options, which would you prefer to follow?What types of occupations may be more suitable for person-focused pay? Or, explain a job that may not be suitable for
- Explain what are the key pros and cons of time based pay plans?What can other organizations learn from H&R Block when it comes to offering employee perks that encourage personal time for workers even during the busy tax season?What are the different types of workforce flexibility models, such as full-time, part-time, temporary, or remote work, and how can businesses leverage these options to meet their staffing needs while maintaining productivity and employee satisfaction?