HR Management Employee Reward Systems Discussion
Business Finance
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Reward Systems [CLOs: 1, 2] |
The use of reward systems is common in organizations. However, not all reward systems work for every organization and individual. Choose one of the following reward systems: (a) merit pay, (b) person-based pay, (c) bonus pay, or (d) stock options. Explain why the selected reward system is best for your organization or one you are familiar with. Analyze how the reward system may promote individual, group, and organizational performance. Be sure to state the size of the organization, whether it is for-profit or not-for-profit, and the type of industry it is in.
Next, provide an example of when the selected reward system would likely create a negative response from employees.
Your initial post must be a minimum of 300 words. Support your statements with at least one scholarly and/or credible source.
