Answer:
-Managers will be driven to achieve their targets since these incentives will be awarded only if the company's performance is strong.
Explanation:
Variable pay refers to bonuses or commissions granted upon reaching specific objectives. This type of remuneration serves as a reward for employees achieving their goals.
Conversely, base salary is a constant payment made irrespective of how well one performs.
In this instance, where the HR director at Clearwater Electronics has been tasked with advising the board regarding a proposed variable compensation scheme for senior executives across various departments, such a plan will incentivize those executives to excel, as they will be rewarded if the company accomplishes its objectives
Answer:
Explanation:
Maslow’s hierarchy of needs, depicted as a pyramid, illustrates various levels of human needs that individuals strive to fulfill, which serves as the foundation for human motivation. The different tiers of needs as outlined by Maslow, from the base to the apex, include: physiological, safety, love and belonging, esteem, and self-actualization.
Margot’s circumstances indicate that her “esteem” needs are not being satisfied. According to Maslow, esteem needs encompass self-respect, reputation, and respect from others, which is evident in Margot’s situation.
