Pay Determination
Not what you're looking for?
For each of the following jobs, state whether you think the pay should emphasize base pay (wages/salaries) or incentive pay (bonuses, profit sharing and so on).
(a) An accountant at a manufacturing company
(b) A salesperson for a software company
(c) A chief executive officer
(d) A physician in a health clinic
Purchase this Solution
Solution Summary
This solution thoroughly discusses if the pay should emphasize base pay or inventive pay for each position given.
Solution Preview
a -- base pay
b -- incentive pay
c -- base pay
d -- incentive pay (ideally, a combination of base pay and incentive pay)
A & C:
We can't give the accountant or the CEO a pay structure based 100% on incentives. It gives both the accountant and CEO too much incentive to manipulate earnings in order to receive their bonuses/extra pay. Most large companies have eliminated incentive pay for executives because of how much fraud takes place when they do. The companies ...
Purchase this Solution
Free BrainMass Quizzes
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.