Question

Medical device company and we are currently reviewing the compensation of our sales representatives due to...

Medical device company and we are currently reviewing the compensation of our sales representatives due to the pandemic and most elective procedures being canceled in fiscal.

Question- what are Incentives compensation to remain competitive within the industry.

Homework Answers

Answer #1

Every organisation want to attract,develop and retain the best employees possible.knowing what kind of incentives the other leaders in the industry offer allows Safeway to stay competition.many incentive are provided like medical plan, retirement option , product discount ,paid vacation, stock options ,life insurance,discounted home and auto insurance , adoption benefits etc.In competitive world it's necessary to pay salary as equivalent to other organisations apart of them company must have pay reward exemplary performance to encouraging underperforming employees.

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