Asked by
Aleksandra Bucko
on Dec 10, 2024
Verified
When a portion of employees' pay is based on a measure of performance, it is called ________.
A) performance pay
B) incentive pay
C) variable pay
D) motivational pay
E) bonus pay
Performance Measure
Criteria or standards used to evaluate the effectiveness and efficiency of actions or outcomes.
- Assess the efficiency of distinct payment structures such as piece rate, variable pay, and merit pay in enhancing worker productivity and cooperative effort.
Verified Answer
SE
Learning Objectives
- Assess the efficiency of distinct payment structures such as piece rate, variable pay, and merit pay in enhancing worker productivity and cooperative effort.