Week 3 Discussion Board
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For this discussion board please review the many forms of incentive plans discussed in your reading and chose one of them to do a basic SWOT Analysis. Instead of evaluating the general “business’s strengths” within a SWOT you will evaluate the general incentive plan’s strengths, weaknesses, opportunities, and threats. For each area write 3 answers.
Feel free to research your chosen incentive plan beyond the required reading to help assist you with your SWOT. Once you have articulated your SWOT please respond and comment on other classmates’ analyses. Remember to cite your research.
Hint: if you are struggling with finding possible weaknesses for your incentive plan selected here are a few general barriers (Links to an external site.).
Discussion assignments consist of two parts: (I) an initial response to the topic, (II) responses/interactions (2+) with your peers.
Follow all Discussion Board Requirements and Due Dates.
Resources:
SHRM 2018: Designing and Managing Incentive Compensation Programs Download SHRM 2018: Designing and Managing Incentive Compensation Programs
Evolving Company Culture from Base Pay to Variable Rewards (Links to an external site.)
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