Which of the following is not a major advantage of incentive plans? Incentives a

Question

Which of the following is not a major advantage of incentive plans?

Incentives are a means to reward all levels of performance when salary budgets are low.

Incentives foster teamwork when payments to individuals are based on team results.

Incentive payouts are variable costs linked to the achievement of results.

4 points   

QUESTION 11

According to a recent U.S. Chamber of Commerce study, employee benefits represent on average what portion of payroll costs?

approximately 15 percent

between 20 and 30 percent

approximately 50 percent

between 35 and 45 percent

4 points   

QUESTION 12

In addition to addressing competitive challenges, it is important that organizations address all of the following employee concerns except:

managing a diverse workforce.

recognizing employee rights.

developing high technologies and processes

balancing work-family demands.

Incentives are a means to reward all levels of performance when salary budgets are low.

Incentives foster teamwork when payments to individuals are based on team results.

Incentive payouts are variable costs linked to the achievement of results.

Explanation / Answer

10.

C

Consideration of Incentives as a variable cost, paid to the employees on the basis of their performance is not considered as an advantage, rather it is the cost to the company.

11.

D

It is approximately 43%.

12.

C

It is not about employees’ concern, rather it is about building capabilities. Accordingly, firm should commit investments in technologies.

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