Asked by Jonah Andrews on Sep 23, 2024
Verified
Kiely's mother is paying her to read this summer. For every chapter of David Copperfield that she reads and prepares a written synopsis of in one and one-half hours, she receives $3. If she completes the task in less than the allotted time she still receives $3. What payment plan is Kiely's mother using to encourage Kiely to read at the faster rate?
A) the differential piece rate plan
B) the standard hour plan
C) the merit pay plan
D) the base rate plus standard output plan
E) the commission plan
Differential Piece Rate
A pay system where employees are paid based on the number of units produced or tasks completed, but the rate per unit can vary based on performance or production levels.
Standard Hour Plan
A compensation strategy that pays workers extra for work done in less than a predetermined standard time, encouraging efficiency and productivity.
Merit Pay Plan
A compensation strategy that adjusts an employee's pay based on their performance, aiming to incentivize higher levels of productivity and achievement.
- Detect diverse examples of reward systems integrated within company operations.
Verified Answer
RE
roshan ekanayake3 days ago
Final Answer :
B
Explanation :
Kiely's mother is using the standard hour plan, where Kiely will receive $3 for completing each chapter regardless of the time taken. This plan encourages Kiely to complete the task more efficiently and effectively to increase her earnings per hour.
Learning Objectives
- Detect diverse examples of reward systems integrated within company operations.