Asked by Sydney Henke on May 08, 2024
Verified
The reward system in which employees tend to "top out" is:
A) profit-sharing programs
B) flexible-benefit plans
C) skill-based pay
D) informal reward
Topping Out
A construction milestone where the last beam is placed atop a structure during its erection.
Reward System
A mechanism for providing incentives or compensation in recognition of achievements, behavior, or performance.
Profit-Sharing Programs
Profit-sharing programs are incentive schemes wherein employees receive a share of the company's profits, usually based on the company's earnings over a specified period.
- Understand the significance of skill-oriented remuneration in encouraging team members and its restrictions, covering the idea of "maxing out."
Verified Answer
Learning Objectives
- Understand the significance of skill-oriented remuneration in encouraging team members and its restrictions, covering the idea of "maxing out."
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