What Do I Need to Know?After reading this chapter, you should be able to:LO 13-1 Discuss the connection between incentive pay and employee performance.LO 13-2 Describe how organizations recognize individual performance.LO 13-3 Identify ways to recognize group performance.LO 13-4 Explain how organizations link pay to their overall performance.LO 13-5 Describe how organizations combine incentive plans in a “balanced scorecard.”LO 13-6 Summarize processes that can contribute to the success of incentive programs.LO 13-7 Discuss issues related to performance-based pay for executives.