Q15
The most suitable incentive plan for the maintenance section of an industry will be
A.
Piece rate system
B.
Group incentive plan
AnswerC.
Profit sharing plans
D.
Simplification
Answer: Option B
Solution
Answer: Option B
Solution:
Group Incentives/Team based Compensation Under individual incentive system workers are paid on the basis of their personal performance. Their wages will be directly linked to their efforts.
A worker may improve his remuneration by raising the level of output