What characteristics should good performance incentive have

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Several of you made strong arguments in the Unit 1 Threaded Discussions supportive of reviewing and revising our compensation packages. Performance based rewards seem to be a popular preference. Would the reward system vary among manufacturers, retailers, distributors, financial organizations, et al? What other characteristics should good performance incentives have? Do those characteristics cause the implementation of incentives to differ across various functions of a company?

Reference no: EM13206640

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