Question

Now that we are more familiar with these roles, let's start planning. our ceo has requested that we incorporate different levels of incentive pay. what are the main levels of incentive pay?

a. individual
b. group
c. organization
d. external
e. national

Answer 1

The main levels of incentive pay are individual, group, and organization. The correct answer is option a., b. and c.

Step-by-step explanation:

The main levels of incentive pay are:

1. Individual: This is when an employee is rewarded based on their individual performance. For example, a salesperson might receive a bonus for meeting sales targets.
2. Group: This is when a team or department is rewarded based on their collective performance. For example, a team of employees might receive a bonus for achieving a certain level of customer satisfaction.
3. Organization: This is when an entire organization is rewarded based on its overall performance. For example, all employees might receive a profit-sharing bonus if the company meets its financial goals.

The other options mentioned in the question (external and national) do not typically represent levels of incentive pay, but may refer to external factors such as government policies or industry-wide incentives.