Question: How do incentive - based compensation plans help reduce moral hazard? Group of answer choices Providing a fixed salary discourages risky behavior in employees. Performance
How do incentivebased compensation plans help reduce moral hazard?
Group of answer choices
Providing a fixed salary discourages risky behavior in employees.
Performancebased incentives encourage employees to work harder by tying effort to rewards.
Offering higher salaries reduces the risk of moral hazard.
Removing bonuses discourages risky behavior in employees.
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