What is geared incentive schemes in production and operations management?
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The six common types of incentive plan are cash bonuses, profit-share, shares of stock, retention bonuses, training and non-financial recognition.
Profit Or Gain-Sharing Incentive Plan. ...
The Good Old Cash Bonus. ...
We Pay If You Stay. ...
Long-term, Stock-Based Incentives. ...
Career Development and Training.
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