Asked by Jacob Lovins on Jul 05, 2024

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If employee participation in making pay-related decisions is encouraged in an organization, then

A) administering the plans becomes simple.
B) the organization's interests can be best protected.
C) the cost borne by the organization decreases.
D) monitoring performance becomes difficult.
E) the incentive plan has more chances of being successful.

Employee Participation

Involvement of employees in the decision-making processes of an organization, aiming to increase engagement and morale.

Pay-Related Decisions

Choices made by employers regarding compensation, including wages, salaries, bonuses, and benefits, directly affecting employee remuneration.

Incentive Plan

A program designed by organizations to motivate and reward employees for reaching specific performance targets.

  • Recognize the importance of employee understanding and participation in the success of incentive plans.
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JC
Judylaine CarranzaJul 12, 2024
Final Answer :
E
Explanation :
By encouraging employee participation in making pay-related decisions, there is a higher likelihood of employees feeling invested and motivated in achieving the goals set by the incentive plan. This ultimately increases the chances of the plan being successful.