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Firm incentive applications however are usually not simple to design. Invariably they require that the workers have an opportunity to take part in their design. It is usually important that a very good firm incentive program have in mind the business philosophy, be aimed in the direction of long term objectives, defer some of the compensation to attract and retain employees. A company incentive program also must have exact and attainable targets and have parts which might be throughout the worker?s control. The company incentives ought to try and reward team and individual accomplishment, foster co-operation between teams and departments. Finally it ought … Read More