Asked by Jennah Marie on Jul 27, 2024

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Beyond Space Aeronautics is developing a profit-sharing plan. Ben, the human resource manager, assumes the employees are excited to participate in this start-up company's success. However, a supervisor tells Ben about anxiety surrounding a rumor that employees will lose money if the company has a bad year. How should Ben address this problem with employee morale?

A) by recalling that employees are also motivated by factors other than pay
B) by removing non-management employees from the team designing the incentive plan
C) by conducting meetings to teach about profit sharing and how employees will benefit
D) by reminding employees that rumors are against company policy
E) by shutting down the company's intranet to prevent further spreading of rumors

Profit-Sharing Plan

A company program that gives employees a share in the profits based on its quarterly or annual earnings.

Employee Morale

The overall outlook, satisfaction, and confidence that employees feel towards their workplace.

Incentive Plan

A program designed to motivate and reward employees for meeting or exceeding performance and productivity targets.

  • Understand the importance and methods of communication in implementing and managing pay plans.
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Zybrea KnightAug 03, 2024
Final Answer :
C
Explanation :
The best approach in this scenario is to conduct meetings and educate employees about the profit-sharing plan. This will help ease anxiety and clarify how employees will benefit from the plan. Removing non-management employees from the team or shutting down the company's intranet will not address the root of the problem and may even exacerbate the situation. Although it is important to remind employees about company policies, this approach does not address the issue at hand. While employees do value factors other than pay, this does not address the specific concern about the profit-sharing plan.