Asked by Corey Larkins Jr. on Sep 23, 2024
Verified
Which of the following is true about performance-based pay:
A) has no influence the decision of an applicant to not apply for a position
B) seldom influences the final decision of an applicant to accept an offer of employment
C) is more likely to attract good rather than poor performers
D) allows the best performers to reap inconsequential rewards
E) all of the above are true
Poor Performers
Employees or members of an organization who consistently fail to meet the established performance standards.
Good Performers
Employees who consistently achieve or exceed their work objectives and contribute positively to the organizational goals.
- Gain an understanding of the idea of performance-related pay and its repercussions on the performance levels of both organizations and their staff.
- Recognize the strategic objectives achieved through performance-based compensation.
Verified Answer
AG
Abhinav Gupta3 days ago
Final Answer :
C
Explanation :
Performance-based pay is more likely to attract good rather than poor performers as they are motivated by the potential to earn more based on their performance. Option A is incorrect as performance-based pay can influence an applicant's decision to apply if they are motivated by the potential to earn more. Option B is incorrect as performance-based pay can be a deciding factor for applicants who are motivated by earning potential. Option D is incorrect as the best performers can earn significant rewards through performance-based pay. Option E is incorrect as not all of the statements are true.
Learning Objectives
- Gain an understanding of the idea of performance-related pay and its repercussions on the performance levels of both organizations and their staff.
- Recognize the strategic objectives achieved through performance-based compensation.
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