Daichi Inc is a Japanese software development firm known for its high quality products. Recently, the company held its annual conference and awarded all those employees who were in the top five percent with substantial monetary rewards
Their performance was evaluated on the basis of target achievement, client feedback, and quality ratings. Employees whose performance had not changed drastically were given a minor raise and those who fared badly received no incentives. Many employees blamed the company for creating differences among employees because they felt that it would harm the company in the long run, but Daichi Inc truly believes that to retain and motivate its best performers, a large incentive is a good step. Daichi Inc is using a(n) ________ here.
A) piece-rate plan
B) employee stock ownership plan
C) modular plan
D) merit-based plan
E) flexible benefits plan
D
Explanation: D) A merit-based pay plan pays for individual performance based on performance appraisal ratings. Daichi Inc. rewarded these employees on the basis of meritorious performance.
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The marginal tax rate is computed as the total tax paid divided by the total income of the taxpayer
a. true b. false
Which of the following strategies should manufacturers follow during the maturity stage of a
product's life cycle? A) In order to maintain efficient distribution and encourage channel participation, firms should offer uniform trade discounts across all distribution channels. B) Firms should differentiate their offerings from those of competitors and avoid "price wars" with competitors. C) The pricing objectives during the maturity stage of a product life cycle should be market skimming. D) During the maturity stage, the distributions strategy should move from being intensive(many channels) to selective (only a few channels).