Asked by Abigail Rodriguez on Jun 22, 2024
Verified
Piecework is an individual incentive plan which pays employees:
A) for exceeding a specific level of output
B) a flat amount for each unit sold
C) for special contributions as they occur
D) for each unit of output produced
E) a base wage as well as a bonus
Individual Incentive Plan
A compensatory strategy intended to boost individual employee performance through specific rewards.
Piecework
A payment structure where employees are paid a fixed rate for each unit of work completed, rather than by hourly wages.
- Compare and contrast diverse individual reward plans and their implementation.
Verified Answer
AS
Amani SammouriJun 23, 2024
Final Answer :
D
Explanation :
Piecework pays employees for each unit of output produced, rather than for exceeding a specific level of output or for special contributions as they occur. A flat amount for each unit sold is a commission pay system, and a base wage as well as a bonus is a combination plan.
Learning Objectives
- Compare and contrast diverse individual reward plans and their implementation.
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