What is the purpose of incentive plans

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This question has two parts; be sure to answer both. First, what is the purpose of incentive plans? List the five keys to a successful incentive-pay plan. Second, imagine that you are the manager of a beauty salon that styles men's and women's hair, and also provides many other personal services, such as manicures, pedicures, and makeovers. What types of incentives might you give to your hair stylists to reward them for bringing in new customers? Give at least two specific examples of incentives at the beauty salon that are tied to realistic goals.

Reference no: EM132299450

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