When Incentive Plans Run Off

Overview

Read the article Read: What Gets Measured, Gets Managed by Witman (2018). Describe how the Wells Fargo community bank incentive plan resulted in unethical and in most cases, illegal behavior. How did the program objective (8 products per customer) contribute to the misbehavior of employees? Do you think that incentives for higher ranking employees (i.e.executives of the community bank) played a part in the depth and scope of the problems? Thinking more broadly, the plan started in 2003 and did not become exposed as a problem until late 2016. What role could the compensation group have played in minimizing the likelihood of cheating to earn incentives when structuring the plan? Finally, what is HR (Comp and Benefits) moral and ethical responsibility when designing such plans?

INSTRUCTIONS

Respond to the discussion questions provided. Each assignment requires 3 – 4 full pages and at least 5 peer-reviewed resources within 5-years to substantiate your position in your answer. You must carefully read the requirements below, noting the expectations beforehand. These exercises are meant to foster your comprehensive research and writing skills.

The specific requirements are as follows:

As a graduate student, the expectation is quite high for your required quality and effort.

Your work must be written near the standard and quality of journals and other published materials.

Cover page, abstract, and reference page do not count toward the minimum page length requirement.

Add biblical integration which contain 1) a quoted Bible verse that is correctly cited and

2) Integration that ties verse to topic by using a minimum of 3 sentences.

At least 5 peer-reviewed sources published within the last 5 years are required.

Correctly cite your sources and quotations using current APA format.

The use of sources such as Wikipedia, Investopedia, blogs, personal, consulting, or corporate websites are discouraged and will not count toward the required 5 references.

Use of term paper or solutions-type websites is not allowed and will be treated according to the terms of academic honesty requirements.

Use of headings are required to differentiate distinct sections of the paper; however, students should not use the questions as a heading/subheading.

Note: Meeting the minimum specifications will result in the minimum passing grade. You are expected to provide an in-depth, analytical review of the topic. Assignments that do not meet the minimum criteria will not receive a passing grade.

Note: Your assignment will be checked for originality via the Turnitin plagiarism tool.