Incentive Plans
Some would argue that incentives are the key to retaining and attracting employees. Based on the reading in this unit, it has been noted that there are various types of incentive plans. Discuss the advantages and disadvantages of individual incentive plans, team incentive plans, variable-pay plans, and group incentive plans. Provide examples of each plan.
You are required to use at least your textbook as an in-text cited source to support your response. All sources used, including the textbook, must be referenced with a full citation in APA format at the end of your entry. Both paraphrased and quoted material must have accompanying in-text citations.
Textbook: Compensation by George Milkovich, Jerry Newman, and Barry Gerhart