Asked by Bobby Johnson on Sep 24, 2024
Verified
The components of a well-run incentive compensation scheme include all of the following EXCEPT
A) evaluating the identified performance measures
B) avoiding rewards for outcomes that are not included in the performance measures
C) demonstrating that evaluators can be influenced with small favors
D) identifying the relevant measures on which to evaluate employees
Incentive Compensation
A form of payment designed to reward employees for achieving certain performance targets.
Performance Measures
Metrics or criteria used to evaluate the effectiveness, efficiency, or success of an organization or individual's work.
Small Favors
Minor acts of kindness or assistance that are offered or exchanged, often informally or without expectation of reciprocation.
- Explore the features and efficiency of a high-performing incentive compensation plan.
Verified Answer
AG
Ahmet Gezinti3 days ago
Final Answer :
C
Explanation :
Demonstrating that evaluators can be influenced with small favors goes against the principles of a fair and objective incentive compensation scheme. The other three components are essential to designing and implementing a successful incentive compensation program.
Learning Objectives
- Explore the features and efficiency of a high-performing incentive compensation plan.
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