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Incentives Plans

Incentives Plans

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Published by Sanket Kothari

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Published by: Sanket Kothari on Mar 04, 2011
Copyright:Attribution Non-commercial

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11/05/2012

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Incentives paymentsIncentives payments
By:Sanket Kothari
 
Incentives ProgrammeIncentives Programme
W
age incentives include all the plans that
W
age incentives include all the plans thatprovide extra pay for extra performance Inprovide extra pay for extra performance Inaddition to regular wages for the job.addition to regular wages for the job.
It implies monetary inducements offered toIt implies monetary inducements offered toemployees to perform beyond acceptanceemployees to perform beyond acceptancestandards.standards.
 
D
ifferent Types of Variable Pay
D
ifferent Types of Variable PayPlansPlans
Cash Profit SharingStock Ownership or OptionsBalanced Scorecard Productivity / Gain-SharingTeam / GroupIncentives

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