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Câu 11: C8: Business Acumen for Compensation Professionals

You have been asked to develop a short-term incentive plan that motivates employees in business units to increase productivity. Your team has designed a plan that rewards managers and employees quarterly based on achievement against target on measures that should generate productivity increases that will self-fund the…

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You have been asked to develop a short-term incentive plan that motivates employees in business units to increase productivity. Your team has designed a plan that rewards managers and employees quarterly based on achievement against target on measures that should generate productivity increases that will self-fund the plan. When presenting the plan to senior management, what would be the best strategy to receive approval?

Các lựa chọn

Đáp án được giữ gọn theo nhãn A, B, C, D trong phần bình chọn tương tác.

  1. A. Demonstrate how it is aligned to the rewards philosophy, principles and organizational business strategy — đáp án hiện tại
  2. B. Provide details on the plan design and measures and how they will be administered to employees at different levels
  3. C. Make the case that a self-funded plan poses no risk to the organization while creating the potential for significant gains
  4. D. Identify in advance the priorities of the various stakeholders and design your presentation to address any objections or perceptions they may have

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