Asked by LEMUEL LUBIANO on Jul 20, 2024
Verified
Human resource professionals have identified three types of goal-sharing plans.Which of the following is NOT one of those types?
A) standard plus plans
B) single-goal plans
C) multi-goal plans
D) financially funded plans
Goal-Sharing Plans
Programs that encourage and reward employees for contributing to and achieving the company's objectives, often through financial incentives.
Standard Plus Plans
Insurance plans that offer basic coverage with the option to purchase additional benefits according to individual needs.
- Assess the repercussions of employee engagement in setting goals and sharing in financial gains on the effectiveness of organizational outputs and the satisfaction levels among employees.
Verified Answer
RV
Randhawa VijayJul 21, 2024
Final Answer :
A
Explanation :
Standard plus plans are not recognized as a type of goal-sharing plan among human resource professionals. The recognized types include single-goal plans, multi-goal plans, and financially funded plans.
Learning Objectives
- Assess the repercussions of employee engagement in setting goals and sharing in financial gains on the effectiveness of organizational outputs and the satisfaction levels among employees.