Please explain each question very thoroughly for a thumbs up!

You read about various methods used to reward employees for their individual performance and incentive plans to motivate employees. Based on your reading, answer the questions below in this Discussion.

1. Describe some of the most significant benefits of a pay-for-performance system.
2. Pay for performance also has its list of challenges. Discuss the main areas of concern with the implementation of a pay-for-performance system. How can organizations address the negative aspects of this type of system?
3. How can the organization's manner of creating and carrying out an incentive plan improve the effectiveness of the plan?
4. Explain how Braintrust can link their compensation and evaluations to the companys new objectives and innovation strategy. Describe how compensation and evaluations work together to help the company achieve its new objectives and innovation strategy.
5. What methods of performance evaluation might they use?
6. Explain your reasoning for using the methods of evaluation you chose.