For Incentive Compensation Plans to Work,rewards Must Be Linked to Performance

question 126

True/False

For incentive compensation plans to work,rewards must be linked to performance and be measurable;they must satisfy individual needs;they must be agreed on by manager and employee;and they must be perceived as being equitable,believable,and achievable by employees.

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Definitions:

Million Years

A period of time equal to one thousand years, used in discussing geological time or the age of the Earth and its species.

Primatologists

Scientists who study primates, including monkeys, apes, and humans, often focusing on behavior, biology, and evolution.

Tool

An object used to facilitate some task or activity. Although tool making involves intentional modification of the material of which it is made, tool use may involve objects either modified for some particular purpose or completely unmodified.

Primatology Studies

The scientific study of primates, encompassing their behavior, biology, and evolution.