Why Do Many Firms Base Incentive Pay on Group Performance

question 15

Essay

Why do many firms base incentive pay on group performance?

---

Definitions:

Perceptual-Motor Skills

Abilities that involve the coordination of perception and movement, enabling individuals to perform tasks requiring fine or gross motor actions in response to visual or other sensory information.

Habituate

The process by which an individual becomes accustomed to a stimulus and eventually stops responding to it with the same intensity.

Conceptual Understandings

The grasp of ideas, principles, and theories, enabling deep comprehension beyond mere facts or procedures.

Perceptual Cues

Visual or other sensory information that helps an organism understand the environment and make decisions.