Employee Incentive Plans

Now that you have read Chapter 4 and reviewed the features of the various incentive plans, answer the following questions?

• Are incentive plans the same for all positions in a business?
• Are incentive plans the same for all businesses?
• What might be appropriate for a new business start-up?
• Does the business market impact the incentive plan design?

Example: Pharmaceutical vs. Insurance?

Exercise Guidelines:

• Name and Student ID number (last four numbers) should be typed and appear at the top of the page
• Page Topic: ?Learning Exerciser ? 4.1 ? Incentive Compensation? should appear under the student name
• Minimum of one (1) page and no more than 2 (two) pages MS Word doc.
• MS Word doc., typed in an Arial 10 point font, single spaced
• Well written, no spelling errors or incomplete sentences
• If appropriate, include citations
• Answer the questions being asked in a direct and thorough manner
• The quality of the response is more important than the length