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In Business / College | 2025-07-06

What is the first factor a company should consider when deciding on annual bonus plans as short-term incentives?
A. Individual awards
B. Fund size
C. Job rankings
D. Discretionary funds
E. Eligibility

Asked by rackzzeman

Answer (1)

The first factor a company should consider when designing annual bonus plans is eligibility, which defines who qualifies for the bonuses based on performance and contributions. This clarity fosters motivation and fairness among employees. Other factors come into play afterward, including fund size and job rankings. ;

Answered by GinnyAnswer | 2025-07-07