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Research the concept of pay-for-performance, short-term incentive plans, and other variable pay programs and what performance evaluation methods and measures are used for individual or team performance incentives.
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Examine how pay-for-performance plans can be linked to the total compensation strategy and short-term incentive programs and variable pay programs of an organization.
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Identify factors that affect pay-for-performance plans and how pay-for-performance can be linked to monetary and non-monetary rewards for an industry of your choice (this can be the organization on which you are completing your final project).
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Write a 2- to 3-page paper illustrating the concepts and how you will link pay-for-performance to the total compensation strategy and short-term incentive programs and variable pay programs to an industry of your choice. Use three or more academic resources for your paper. Format the paper according to the Academic Paper Guidelines (APA).
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