Home › Integrated MBA › Human Resource Management › Compensation and Incentives › The stated advantage of that lump-sum approach i…
The stated advantage of that lump-sum approach is greater visibility of pay increases and increased:
AParking spaces
BPostal deliveries
CPrinting budgets
DPay satisfaction
Answer & Solution
Correct answer: D. Pay satisfaction
1. The rise is easier to notice.
2. Satisfaction with pay improves.
3. It raises pay satisfaction.
_Source: OpenStax Organizational Behavior, Chapter 8, incentive plan sections._
Related questions
Incentive programmes should be carefully monitored over time to ensure they are:Where trust levels are low, getting an incentive programme accepted will take:An incentive programme should also reflect the type of work done and the:Incentive programmes should allow for individual differences because different people wantAny reward system should be tied as closely as possible to actual:What share reported success with individual incentives?What share of companies reported success with gain-sharing plans?Among the incentives surveyed, which was reported successful by the highest share of compa