An Individual Pay-For-Performance Reward System Does Not Properly Fit an Organization

question 87

True/False

An individual pay-for-performance reward system does not properly fit an organization that is designed to use teams because it fosters competition.

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Definitions:

Unemployment Compensation

is financial support provided by the government or a fund to unemployed workers who meet certain eligibility requirements.

The States

Colloquially refers to the United States of America or, in a broader sense, to the individual states that constitute the federal union.

ERISA

The Employee Retirement Income Security Act, a federal law that sets minimum standards for pension plans in private industry to protect individuals in these plans.

Pension Fund Managers

Professionals responsible for overseeing the investment and allocation of funds collected in a pension scheme to ensure that there are enough resources to pay pension benefits in the future.