What is incentive pay and why is it good management, Microeconomics

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What is incentive pay and why is it good management

Assignment Task: Discuss the following:

Question 1: What is incentive pay and why is it good management to tie performance to compensation?

Question 2: Do you think this will work for public school teachers? Explain

Question 3: What are some potential pitfalls to consider? Is it fair?

Question 4: Normally public school teachers are all paid the same regardless of performance. How does this create a culture of mediocrity?

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Microeconomics: What is incentive pay and why is it good management

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Microeconomics: What is incentive pay and why is it good management

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