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Employees were frequently paid at a piecerate, providing them with a straightforward pay incentive to be as productive as possible. For some fresh ideas about how today’s incentives can strengthen employee engagement, download our ebook on how to incentivize the modern workforce. . . Are you free in October?
Piecerate incentives: Compensation based on the level of individual output produced (best for manufacturing or production roles). Stock options: Time-sensitive option to purchase shares of company stock at an exclusive rate. Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees).
Piecerate incentives: Compensation based on the level of individual output produced (best for manufacturing or production roles). Stock options: Time-sensitive option to purchase shares of company stock at an exclusive rate. Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees).
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