Incentive Plans

by tresero

Before deciding on an incentive plan, an organization must have a strategic need identified. Depending on the size of the organization some key reasons for creating incentive plans include; attracting new mployees or retaining existing ones, reduction of taxes, or plan for retirement. Not all experts agree on the effectiveness of incentive plans for motivating employees though. Some research has shown negative results for organizations which have implemented incentive plans. published 6 months ago

3 comments    business motivation retirement