Problem
1. "The team with the highest payroll usually ends up in the World Series." How does this statement relate to the importance of pay as a reward?
2. Why have many organizations begun to supplement their traditional pay systems with "payfor-performance" plans? Of these plans, what about individual versus group incentives?
3. How can the so-called new pay techniques help solve some of the major challenges facing today's organizations? Give some specific examples.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.