Question: 40, What is NOT true about various incentive plans? It is uncommon for companies to use both individual and group incentives. Broad-based option plans are
40, What is NOT true about various incentive plans? It is uncommon for companies to use both individual and group incentives. Broad-based option plans are not so effective as the number of employees included grows. Employee stock ownership plans are another way to link both success and failure of a company to employees. Companies may combine the best of gain-sharing and profit-sharing plans.
42.
What is true about performance appraisal?
| When an adjective is not used as anchors, it is called standard graphic rating scale. | ||
| Behaviorally anchored rating scales (BARS) also uses outcomes as anchors. | ||
| Management by objectives uses behaviors as metrics. | ||
| Firms adopting BARS hope to make performance appraisa |
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