Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

Worldatwork Exam CECP Topic 3 Question 81 Discussion

Actual exam question for Worldatwork's CECP exam
Question #: 81
Topic #: 3
[All CECP Questions]

You have been asked to develop a short-term incentive plan that motivates employees in business units to increase productivity. Your team has designed a plan that rewards managers and employees quarterly based on achievement against target on measures that should generate productivity increases that will self-fund the plan. When presenting the plan to senior management, what would be the best strategy to receive approval?

Show Suggested Answer Hide Answer
Suggested Answer: A

Contribute your Thoughts:

Trina
1 days ago
Haha, good luck getting senior management to approve anything without a ton of data and details. This presentation better be thorough!
upvoted 0 times
...
Gracia
4 days ago
Addressing the priorities and perceptions of stakeholders is key. Can't forget to highlight the alignment with the overall business strategy.
upvoted 0 times
...
Mickie
6 days ago
I think the best strategy would be to demonstrate alignment with the rewards philosophy and organizational strategy.
upvoted 0 times
...
Tran
11 days ago
The plan seems well-designed to motivate employees and generate productivity gains. I like the self-funding aspect - it's a win-win for the company.
upvoted 0 times
...

Save Cancel