Asked by Diana Eynullaeva on Jul 11, 2024
Verified
Retention bonuses refer to
A) the special reward programs used to satisfy the lower- and middle-level managers.
B) the bonuses provided to union members to withhold a strike.
C) the bonuses provided to employees who take long leaves without pay.
D) annual incentives paid to daily wage workers to remain in the organization.
E) one-time incentives paid in exchange for remaining with the company.
Retention Bonuses
Financial incentives offered to employees to encourage them to stay with the company for a specified period.
- Acquire insight into the foundation and aims of incentive earnings and how they shape the actions of workers.
Verified Answer
AD
Akhil DevabhakthuniJul 14, 2024
Final Answer :
E
Explanation :
Retention bonuses are one-time incentives paid to employees in exchange for staying with the company for a specified period. These bonuses are given to employees who are critical to the organization's success or who are at risk of leaving the company.
Learning Objectives
- Acquire insight into the foundation and aims of incentive earnings and how they shape the actions of workers.
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