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BUSM 1100 (94)
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Lecture

Effective Incentive Plans.docx

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Department
Business Management
Course
BUSM 1100
Professor
K.Hall
Semester
Winter

Description
Effective Incentive Plans  Ensure clear link between incentives and individual/organization performance “line of sight”  Keep communications clear and simple  Recognize that performance pay cannot replace good management  Recognize that pay has limited efficacy as motivator Employee Recognition Programs  Cheaper; certificates,
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