Questions we Can Help you to Answer

Paper Instructions:

In this exercise, you will use the internet to research alternate incentive plans beyond those listed in the book. Incentive plans can be divided into monetary (providing employees with the opportunity to earn additional money) and non-monetary (incentivizing employees with a benefit other than money). Use the internet to identify four employee incentives (two monetary and two non-monetary) not listed in this chapter. For each incentive, write at least three sentences in which you describe the incentive, and discuss the circumstance in which it is most appropriate. Lastly, write at least two sentences in which you select the one of these incentives that you deem to be most effective, and discuss your reasoning. This paper needs in text citation and also a works cited page included.





These are some of the incentives that are in the book.


The most common incentive plans are:
•    Cash paid for reaching specified sales or production goals
•    Profit-sharing plans in which employees receive a share of profit once they exceed a predetermined level.
•    Stock Option plans in which employee who meet predetermined goals may purchase share of stock with pre-tax dollars.
•    Additional vacation days for employees whose tenure with the company surpasses preset lengths.
•    Sabbaticals, which are common in academic institutions, provide employees with paid leave after working for a predetermined number of years.