Paper Homework
Address the following questions:
i. Describe the strategic importance of performance-based pay
ii. From the employee perspective, what are the major advantages and disadvantages of these different forms of performance-based pay: recognition, merit, incentives, earnings at risk.
iii. From the employer perspective, what are the major advantages and disadvantages of these different forms of performance-based pay: recognition, merit, incentives, earnings at risk.
iv. Describe the challenges associated with using team incentives.
v. Is performance-based pay more likely to cause employees to behave unethically compared to paying a straight salary, wage, commission? Why or why not?
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.