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Krupali Parmar
on Dec 12, 2024

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Compensation where the top performer receives much higher rewards than other competitors, even if the others perform at only slightly lower levels, is called

A) a compensating differential.
B) round-robin pay.
C) tournament pay.
D) base pay.

Tournament Pay

A form of compensation in which the top performer (or performers) receives much higher rewards than do other competitors, even if the others perform at only a slightly lower level.

Compensating Differential

Additional payment or benefit given to an employee to offset or compensate for undesirable aspects of a job.

Base Pay

The initial rate of compensation that an employee receives before any bonuses, benefits, or raises are added.

  • Understand different compensation structures and their impact on employee performance.
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Akash SaligramDec 14, 2024
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