Start learning 50% faster. Sign in now
Incentive pay rewards employees for achieving defined goals. The company sets performance objectives at the beginning of the pay period and if these are achieved, employees receive a lump-sum payment. Incentive pay plans can be based on the performance of the individual, team, business unit or company. Company-wide incentive pay schemes include gainsharing and profit sharing. The ability of an individual to influence the outcome of the incentive pay plan declines as the group being measured grows larger. However, team-based incentive pay plans offer advantages to companies.
India is a member of which of the following organizations?
In which type of chemical reaction do crystals of ferrous sulphate lose water on heating and the colour of the crystals changes from light green to white?
For EPFO schemes what is the maximum wage for getting inducted in the scheme?
The first Amendment to the constitution of India was made on______.
As of August 2018, who is the present lieutenant governor of Puducherry?
Under which of the following ministries the Draft for National Indicator Framework for Sustainable Development Goals is being prepared?
Match the animals in column A with the phylum they belong to in column B
In November 2023, scientists have discovered a new species of 'music frog' in ______. The speciality of this new species of frog, “Nidirana noadihingâ...
Which Indian state launched the "Yuba Tripura, Natun Tripura, Atmanirbhar Tripura" initiative to encourage youth in industrial and business activi...
In addition to Zanzibar, Tanzania, where IIT Madras has established its first campus outside India, where are the other planned locations for IIT campus...