Question: Compare and contrast incentive compensation plans and competency-based compensation plans. What are the advantages and disadvantages of each compensation program? What are some alternatives to

Compare and contrast incentive compensation plans and competency-based compensation plans. What are the advantages and disadvantages of each compensation program? What are some alternatives to these types of compensation programs? Does your employer provide competency-based compensation plans? If so, please share your experience with the class. If not, please share with the class why or why not competency-based compensation plans would or would not work at your employer?

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