Asked by Terry Jenkins on Sep 23, 2024
Verified
The general pattern is that proportionately less incentive pay is used for employees higher in the hierarchy.
Incentive Pay
Additional compensation awarded to employees for achieving defined goals, exceeding performance standards, or for exceptional contributions to the company.
Hierarchy
a system or organization in which people or groups are ranked one above the other according to status or authority.
- Highlight the differences among several types of remuneration that are performance-driven.
Verified Answer
CQ
Caribbean Queen4 days ago
Final Answer :
False
Explanation :
The general pattern is that proportionately more incentive pay is used for employees higher in the hierarchy, as their decisions and performance have a larger impact on the organization's success.
Learning Objectives
- Highlight the differences among several types of remuneration that are performance-driven.
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