A Standard Hour Incentive Plan Is Likely to Be Successful

question 103

Multiple Choice

A standard hour incentive plan is likely to be successful if

• A) most or all of a salesperson's compensation is in the form of commissions.
• B) employers keep labor costs to a minimum.
• C) the pay increase is linked to ratings on performance appraisals.
• D) employees want the extra money more than they want to work at a pace that feels comfortable.
• E) the organization values employee satisfaction, product quality, and customer service more than profits.

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Definitions:

High Standards

The expectations or benchmarks of excellence in performance, behavior, or ethics that an organization or individual aspires to meet.

Ethical Leaders

Individuals who lead by example, demonstrate integrity in decision-making, and inspire ethical behavior in others within an organization.

Passion

A strong, intense emotion or enthusiasm for something, often driving motivation and commitment towards a particular activity or goal.

Adequate Compensation

Fair and sufficient remuneration or payment to employees for their work, often considered in terms of meeting their basic needs and recognizing their contributions.