Question: hat is the aim of implementing Performance Based Compensation ( PBC ) ? a . To decrease the overall compensation of employees through clear incentives.

hat is the aim of implementing Performance Based Compensation (PBC)?
a.
To decrease the overall compensation of employees through clear incentives.
b.
To provide a fixed salary for every outcome and work requirement.
c.
To reward top performing employees and provide clear incentives to do more than what is required to keep their job.
d.
To enforce performance standards without offering extra financial rewards.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!