Incentive Compensation: Pay for Performance and Bonuses TEC/Vistage International is an organization of CEOs that has a publicly available web-site with some good articles related to management. I''d like you to look at their "Best Practices: Compensation, Building a Plan to Attract, Reward and Retain Top Performers: The Changing World of Compensation". I''ve linked the title direct to the web-site, but if you have problems getting this to work, try to go to http://www.teconline.com and then put the second half of the title into the search box that they have within their web-site. When I did this, the article popped right up for me to link and read it. After reading the article from TEC/Vistage, please respond to the following questions: What would be your proposal or recommendation for a company who is seeking to integrate a pay-for-performance system in the overall company’s strategy? Do you consider Pay-Per-Performance an efficient system to motivate employees or will ''just'' a thank you note be adequate as recognition? Do you think that an effective incentive plan should be customized to the unique needs of a company? Why or why not? Either yes or no will be your response, and then please provide all the necessary argumentation and supporting documentation to sustain your response. Integrate citations to background readings as appropriate and provide a reference list.