Which of the following is true of incentive plans?
(a) Incentive payouts are fixed costs largely unrelated to output.
(b) Incentive compensation is unrelated to operating performance.
(c) Incentive plans never fail to satisfy employee expectations for pay gains.
(d) Incentive payouts are a means to reward or attract top performers when salary budgets are low.
Answer: (d) Incentive payouts are a means to reward or attract top performers when salary budgets are low.
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A property owner lost their job. The owner's loan payments were made for them since they had a(n):
a. Federal Housing Administration (FHA)-insured loan. b. U.S. Department of Veterans Affairs (VA)-guaranteed loan. c. California Housing Financing Agency (CalHFA) loan. d. CalVET Home Loan.
High-income countries are referred to as emerging markets
Indicate whether the statement is true or false