General Electric, a high-tech industrial leader in international products, is struggling in its appliance sales to retailers. Currently, its sales people are compensated with an annual salary using an incentive pay-structure with a minimal base pay and a piecework individual incentive pay based on very high sales goals. General Electric has lost many good salespeople because they did not meet the goals and were not paid fairly for their work. For this scenario, prepare an appropriate compensation plan for the appliance sales department. Justify your plan.
Scenario #3