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Management · Q23

HRM (Human Resource Management)

Graduate and Post Graduate · Management · question 23

Q23

a/an ______ is a plan or programmes to motivate individual or group performance.

A.
Incentive scheme
Answer
B.
Promotion scheme
C.
Reward
D.
None of the above

Answer: Option A

Solution

Answer: Option A
Solution:
An incentive scheme is a plan or programmes to motivate individual or group performance. Incentive schemes attempt to link at least a portion of pay to job performance to encourage higher productivity. Incentives, as often called, should be aligned with the behaviours that help achieve organizational goals or performance. Incentives are either individual or group (organization wide).