Question: Your CEO thinks that we may need another incentive program. Currently, the company has a merit - based pay system, but it seems to cause
Your CEO thinks that we may need another incentive program. Currently, the company has a meritbased pay system, but it seems to cause employees to focus on selfish behaviors rather than the overall success of the company. The CEO is concerned that this approach is not fostering a teamoriented culture or encouraging employees to work towards the company's broader goals. Recommend a new incentive program that can lead employees to care more about the overall profitability of the firm.
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