11 Jul Analyze the advantages of person-focused and job-based pay pl
Analyze the advantages of person-focused and job-based pay plans to determine which would be least preferable for companies in the technology industry. Explain your rationale. Discuss at least (2) two disadvantages associated with team-based incentive pay plans. Provide examples to support your rationale.Respond to a classmate: Job-based pay plans identify the job and assign a pay structure for that role. It would take into consideration experience and education and adjust the pay plan accordingly.Ideally, it would be good to combine the two. The knowledge one obtains needs to be transferable to job performance. If I had to choose the least preferable method for a technology company it would be the job-based plan because an employee in a technology company would need to be continually growing in knowledge, skills and competencies. An degree in IT/IS may not be relevant a few years down the line. Ongoing education is critical to success in that industry.A couple of disadvantages of the team-based incentive plans would be team members that perform at different levels. An employee that is highly motivated may take on more than their share of the workload while those that are less motivated may have a tendency to slack off. This scenario could lead to resentment and a hostile work environment. This type of incentive plan can also make it difficult to provide counseling and mentoring for individual growth or feedback.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Wridemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.