The incentive and pay plan is tied to company’s overall profitability is called _________?

Related Mcqs:

1. The ‘piecework’ pay plan is often called _______?

   A. individual pay plan B. group pay plan C. extrinsic rewards D. intrinsic rewards...

2. The type of employees pay rate in which pay is attached with productivity is called __________?

   A. fixed pay B. variable pay C. fixed-variable pay D. mixed pay...

3. The pay for time not worked, sick leave, supplemental benefits and severance pay are the types of benefits called?

   A. supplemental pay benefits B. optional pay benefits C. compensation law benefits D. unemployment pay benefits...

4. An employee compares his pay with other’s pay in company at same position is called?

   A. internal equity B. external equity C. collective equity D. individual equity...

5. All incentive plans focused on _________?

   A. performance B. skills C. tenure D. particular knowledge...

6. The straight commission plan pay salespeople for their __________?

   A. results B. experience C. skills D. knowledge...

7. The plan which is firstly discussed in business plan is mostly?

   A. marketing plan B. financial plan C. personnel plan D. production plan...

8. The traditional pay plan used in companies is mostly?

   A. person oriented B. job oriented C. tenure oriented D. evaluation oriented...

9. The traditional pay plan used in companies is mostly?

   A. person oriented B. job oriented C. tenure oriented D. evaluation oriented...

10. The competency based pay plan is more?

    A. person oriented B. job oriented C. tenure oriented D. evaluation oriented...