Describe Five Important Points to Consider When Implementing an Incentive

question 57

Essay

Describe five important points to consider when implementing an incentive plan.

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Definitions:

Job Title

A designation assigned to a specific job within an organization that reflects the nature of the job and the level of responsibility.

Employee/Job Incumbent Interview

This is a method used in job analysis where current employees performing the job are interviewed to gather information about job duties, skills, and work environment.

Functional Job Analysis

An evaluation method that analyzes and describes the important components of a job and the skills required to perform it.

Work Activities

Tasks, duties, and responsibilities assigned to an employee or a team within an organization.