Some would argue that incentives are the key to retaining and attracting employees. Based on the reading in this unit, it has been noted that there are various types of incentive plans. Discuss the advantages and disadvantages of individual incentive plans, team incentive plans, variable-pay plans, and group incentive plans. Provide examples of each plan.
This is the book i’m referencing Milkovich, G. T., Newman, J. M., & Gerhart, B. (2014). Compensation (11th ed.). New York, NY: McGraw-Hill/Irwin. and it has to be 300 words in APA format.