1200 words total. 3 APA cited references and reference list. NO PLAGIARISM PLEASE!!!

1. Distinguish between the following job


(a) ranking

(b) classification

(c) point factor

2. Using specific examples, distinguish between legally required benefits that employers must offer to their employees and discretionary plans.

3.(a) What are the benefits of using PFP programs?

(b) Describe the main challenges and problems with PFP programs.

4.(a) Distinguish between profit-sharing, gainsharing, and employee

option plans.

(b) What are the advantages and limitations of each of these incentive plans?


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