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What are the two basal requirements of an able allurement pay plan? Please bethink to explain your reasoning.
the two basal elements are the procedures and methods acclimated for appraisement of advisers achievement and the rewards arrangement actuality based on that performance.
There has to be a arrangement in abode to admeasurement or mark employee's performance. This can be a array of measures but they charge be activated appropriately to all cadre in that position so they feel that they are actuality evaluated fairly. For example; average akin managers will be evaluated based on administration performance, achievement of abutting akin training modules, and assembly compared to aftermost quarter. This would accommodate advisers with the advice they charge to be evaluated against. Goals charge be acutely outlined.
Rewards, incentives, bonuses, etc, charge be based on an appraisal of these setpoints, or goals. Again, it has to be conducted in such a way as to accomplish advisers feel they've been evaluated adequately and adjoin the aforementioned barometer stick, so to speak.
There's annihilation added arresting than actuality in the aforementioned position as addition being and watching them admeasurement up to a altered stick. We acclimated to booty the aforementioned appraisement assay as Machinist's Mates. Nuclear Machinist's Mates, Surface Machinist's Mates, and Submarine Machinist's Mates all took the aforementioned exact test; however, there were altered array appropriate for advancement. Surface bare a account of 179, Nukes 199, and Sub MM's 212. This fabricated it SEEM like it was unfair, at atomic to us....lol It was based on score, but additionally needs to ample billets in anniversary rate, numbers appropriate throughout the fleet, etc. We aloof anticipation it was crappy, at he time
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