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Worldatwork T4 Exam - Topic 1 Question 56 Discussion

As the new owner of a car dealership, you have become concerned with some behaviour being displayed by most of your sales force. You have decided to change the compensation systems. Yet, you are very concerned with your ability to meet payroll if sales decrease. Which of the following pay plans should you consider using?
A) employee stock plans
B) targeted incentives
C) extensive benefits
D) competency-based plan

Worldatwork T4 Exam - Topic 1 Question 56 Discussion

Actual exam question for Worldatwork's T4 exam
Question #: 56
Topic #: 1
[All T4 Questions]

As the new owner of a car dealership, you have become concerned with some behaviour being displayed by most of your sales force. You have decided to change the compensation systems. Yet, you are very concerned with your ability to meet payroll if sales decrease. Which of the following pay plans should you consider using?

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Suggested Answer: A

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Brianne
1 day ago
I think targeted incentives could motivate the team.
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Lashawna
6 days ago
Extensive benefits could help retain staff, but costly.
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Galen
12 days ago
Employee stock plans might align interests long-term.
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Margart
17 days ago
Agreed, but what if sales drop? Payroll could be tight.
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Goldie
22 days ago
I think targeted incentives could motivate the team.
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Shalon
27 days ago
Wait, can we really afford to change the pay structure right now?
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Gerald
1 month ago
Employee stock plans could be risky if sales drop.
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Freida
1 month ago
Competency-based plans sound interesting, but are they effective?
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Kathrine
1 month ago
Extensive benefits might not directly impact sales though.
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Novella
2 months ago
I think targeted incentives could really boost sales!
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Maryanne
2 months ago
Wait, are we sure these changes will actually work?
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Luann
2 months ago
Competency-based plans could motivate the team more.
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Eveline
2 months ago
Extensive benefits? Sounds nice, but will it really help?
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Carissa
2 months ago
Employee stock plans might be risky if sales drop.
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Mitzie
2 months ago
I think targeted incentives could really boost sales!
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Ashlyn
3 months ago
Surprised to see competency-based plans on the list!
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Bronwyn
4 months ago
Employee stock plans could be risky if sales drop.
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Glenn
4 months ago
Competency-based plans sound interesting, but do they really work?
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Zona
4 months ago
Extensive benefits might not motivate sales as much.
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Antonio
5 months ago
I think targeted incentives could really boost sales!
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Tashia
5 months ago
Competency-based plans sound interesting, but I wonder if they would really drive sales in a competitive market. I need to think more about how they would work in practice.
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Irving
5 months ago
I practiced a similar question where extensive benefits were mentioned, but I feel like they might not directly address the sales performance issue we're facing.
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Elina
5 months ago
I'm not entirely sure, but I think employee stock plans could align the team’s interests with the dealership's success. However, it might not help with immediate payroll concerns.
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Shawnee
5 months ago
I remember discussing targeted incentives in class. They seem like a good way to motivate the sales team without risking too much on fixed costs.
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Mohammad
6 months ago
I feel like employee stock plans could align interests, but I'm worried about how they would impact cash flow if sales drop. It's a tricky balance!
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Audry
6 months ago
I practiced a similar question about compensation plans, and I think extensive benefits could be a safer option if sales dip. They might keep employees happy without high upfront costs.
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Janae
6 months ago
I'm not entirely sure, but I think competency-based plans could help improve performance. However, they might not directly address the payroll concern.
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Ezekiel
6 months ago
I remember discussing targeted incentives in class. They seem like a good way to motivate the sales team without risking too much on payroll.
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