Asked by Ramond Foster on Jul 21, 2024
Verified
Which of the following is a key condition for the success of merit pay raises?
A) The amount must be fairly substantial.
B) Employees must work in teams.
C) The performance goals must be tough to achieve.
D) The raise should be awarded every two months.
Merit Pay Raises
Increases in salary given to employees based on their performance, often determined through evaluations and assessments.
Performance Goals
Specific, measurable objectives set to evaluate the effectiveness of employees or company processes.
- Identify the components that play a role in the achievement or downfall of incentive initiatives.
Verified Answer
BN
Bíchh Ng?ccJul 21, 2024
Final Answer :
A
Explanation :
Merit pay raises need to be substantial enough to motivate employees, acting as a significant reward for their performance and contributions.
Learning Objectives
- Identify the components that play a role in the achievement or downfall of incentive initiatives.
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