Compensation plans based on employee output or productivity are referred to as ________
A) pay-for-performance programs
B) prize time programs
C) equity plus methods
D) give-back programs
Answer: A
Explanation: Special compensation plans that include piece-rate pay, wage incentive plans, profit sharing, and bonuses are all typical options in pay-for-performance programs. None of the other terms is a recognized term that describes extra compensation for high-performing employees.
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Which of the following controls an organization's behavior when it is in the "growth through creativity" stage of Greiner's model?
A) organizational culture B) organizational structure C) rules and standard operating procedures D) industrial benchmarking
All of the following are disadvantages of fair value use except:
A) fair values may not be readily obtainable. B) fair values may cause more fluctuations as change occurs from period to period. C) comparability between companies may be impacted by different fair value measurement. D) fair values can only be used on balance sheet accounts.