Discuss how incentive pay plans u2013 both individual and, Ask an Expert

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Discuss how incentive pay plans %u2013 both individual and group %u2013 motivate employees to achieve high levels of performance. Identify potential weaknesses of these plans and suggest steps that can be taken to make these plans highly effective. Then, choose one industry that either an individual or group incentive pay plan would work best providing support for your reasoning. Explain your answer. Please include your reference(s).

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