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Compensation and Performance Appraisals

Compensation and Performance Appraisals

Discussion Topic 1

style=”text-align:left;”>Do incentive plans work?  What has been your personal experience with organizational approaches to compensation and performance appraisals (10 points)?  Comment on the value of various approaches, based on your experiences, and make some connections to the approaches to team compensation and appraisal discussed in Chapter 3 of the MTT text and the following articles (10 points). (20 pts)

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  • Why Incentive Plans Cannot Work:https://hbr.org/1993/09/why-incentive-plans-cannot-work
  • Massive Bonuses might actually cause poor performance:  http://www.nytimes.com/2009/03/04/business/worldbusiness/04iht-04Forbes-bonus.20589946.html?_r=0
  • Companies Deal with Employees who Refuse to take Time Off by Requiring Vacations, paying them to go:  http://www.wsj.com/articles/companies-deal-with-employees-who-refuse-to-take-time-off-by-requiring-vacations-paying-them-to-go-1407884213?mod=WSJ_hp_EditorsPicks
  • On the folly of rewarding A when wanting BKerr 1995.pdf
 
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