According to Sammer, Which of the Following Is NOT a Characteristic

question 117

Multiple Choice

According to Sammer, which of the following is NOT a characteristic of a successful incentive plan?

• A)Identify important organizational metrics that encourage employee behavior.
• B)Involve employees and have incentive programs that seem fair to employees.
• C)Find technically detailed, quantitative, and extremely thorough payout formulas.
• D)Establish a clear link between performance and payout.

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Definitions:

Opportunity Cost

The expense associated with sacrificing the second-best choice in the decision-making process.

Dentist

A healthcare professional specializing in the diagnosis, prevention, and treatment of diseases and conditions of the oral cavity.

Leisure

Free time available to an individual after commitments to work, school, or other necessary activities, often used for rest, recreation, or other personal activities.

Equilibrium Wage

The wage rate at which the quantity of labor supplied equals the quantity of labor demanded in the market.