Wage Payment Plans and Incentives
Wage payment plans and incentives have two main objectives which complement each other. The first and most important is the fair remuneration of employees for the work they perform. The second one is related to the creation of a work environment where employees will be motivated to maximize their productivity and the overall effectiveness of the organization or system in which they work.
KeywordsIncentive Payment Individual Plan Incentive Plan Plan Participant Piece Rate
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