Professional Documents
Culture Documents
4-
4-
Scientific Management
Movement
Incentive Pay
• Pay-for Performance
• Variable Pay 4-
• Profit Sharing
4-
Employee Incentives
and the Law
4-
Let’s take a look…
• Piecework plans
o Straight
4-
piecework
o Standard hour
plans
o Pros and Cons
• Merit pay as an
incentive
o Differential pay 4-
increases
o Merit pay
options
4-
• Social Recognition
4-
• Performance
Feedback
Recognition Programs
4-
Let’s take a look…
4-
4-
1. Salary plan
2. Commission plan
3. Combination plan 4-
4-
Commission Sales
4-
Let’s take a look…
• Short-term Incentives
• Long-term incentives
4-
• Sarbanes-Oxley Act
• Short-term incentives and the Annual
bonus
4-
o Eligibility
o Fund size
o Individual awards
o Stock options
o Ethics
International HR – Stock
options
4-
4-
• Profit-sharing plans
• Scanlon plans
4-
• Other Gainsharing Plans
• At-Risk Pay Plans
• Employee Stock Ownership Plans