Asked by Allie Andrews on Jul 22, 2024
Verified
Spot bonuses are usually provided for some employee effort that is not directly tied to an established performance standard.
Spot Bonuses
Immediate, unplanned rewards given to employees for exceptional performance or achievements.
Performance Standard
The expected level of performance that serves as a benchmark to evaluate an employee's job performance.
- Analyze the advantages and problems of various compensation plans.
Verified Answer
DH
Dash Heart DunkleJul 25, 2024
Final Answer :
True
Explanation :
Spot bonuses are given for exceptional efforts or contributions that may not be part of an employee's regular job duties or tied to established performance standards.
Learning Objectives
- Analyze the advantages and problems of various compensation plans.
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