Name and describe four individual incentive plans


Problem

Part I

1. Describe two objectives sought through effective compensation management.

2. Name and describe four individual incentive plans.

3. Provide an example of a type of job scenario in which each incentive plan can be used.

Part II

As of 2015, 37.8 percent of all Canadian employees are covered by registered pension plans.

1. Provide a detailed explanation of the importance and benefits of registered pension plans to Canadian employees.

2. Name and describe the two most common forms of pension plans in Canada.

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