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

question 7

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.Incentive programs should seem fair to employees.
• C) Payout formulas should be technically detailed,quantitative and extremely thorough to prove that management took significant effort to create the plan
• D) Establish a clear link between performance and payout.

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Definitions:

Merit Pay

A pay increase given to employees based on their job performance, used as a motivational strategy by employers.

Multicultural Workforce

A diverse team of employees from various cultural backgrounds, enhancing creativity and problem-solving through different perspectives.

Diversity Goals

Targets set by an organization to achieve a more inclusive and representative workforce.

Fortune 500 Companies

An annual list compiled and published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years.