HRM Discussion Post
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?
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.