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Incentive pay rewards employees for achieving defined goals. The company sets performance objectives at the beginning of the pay period and if these are achieved, employees receive a lump-sum payment. Incentive pay plans can be based on the performance of the individual, team, business unit or company. Company-wide incentive pay schemes include gainsharing and profit sharing. The ability of an individual to influence the outcome of the incentive pay plan declines as the group being measured grows larger. However, team-based incentive pay plans offer advantages to companies.
Match List-I (Distinguished Women) with List-II (Known As) and select the correct answer using the codes given below the Lists:
Which of the following institutions launched India's first mutual fund focussed on the defence sector?
A, B, and C started a business. They partnered for 6 months, 12 months, and 14 months respectively. If their profit is in the ratio 5 : 4 : 7 respective...
Which of the following statements are correct?
I. Atal Pension scheme was launched on 9th May, 2015.
<...UPTQ is related to ONJK in a certain way based on the English alphabetical order. In the same way, RMQN is related to LGKH. To which of the following op...
The sugar present in fruits is :
What can be the possible reason for determining poverty on the basis of consumption expenditure instead of income?
The type of hybridization and number of lone pair(s) of electrons of Xe in XeOF₄, respectively, are:
Who among the following was not a member of the Cabinet Mission?
Who administers the “Varishtha Pension Bima Yojana” (VPBY) scheme?