Asked by
Fandom Filmsl
on Nov 23, 2024Verified
_____ are among the oldest and most popular forms of incentive pay.
A) Earnings at risk
B) Profit sharing
C) Individual incentives
D) Team stock options
E) Gain sharing
Incentive Pay
A form of compensation designed to reward employees for achieving specific performance targets or outcomes, promoting increased productivity and motivation.
Profit Sharing
A corporate program where employees receive a share of the company’s profits, typically provided as part of their compensation package.
Individual Incentives
Rewards or bonuses given directly to employees based on their individual performance level, achievements, or outcomes.
- Recognize different performance-related compensation schemes and assess their compatibility with various organizational environments.
Verified Answer
AC
Learning Objectives
- Recognize different performance-related compensation schemes and assess their compatibility with various organizational environments.