HR Homework
As a new Human Resources Manager, you've been tasked with creating (or redesigning) an incentive plan for a common job in your organization. Based on what you've learned in class, consider the following:
a) What factors will help you create an effective variable rate (aka incentive) pay plan?
b) How will you decide whether to use individual employee, work unit/team, organization-wide incentives, or some combination?
c) What key performance indicators will determine employees' variable pay?
d) What type of incentive pay-out structure will be most appropriate for this specific job, and why? How will it motivate employees while maximize organizational success?
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.