Amanda is paid $0.45 for every widget she produces. This type of pay plan is
A) a cafeteria plan.
B) called piecework.
C) part of a salary level.
D) included in stock incentives.

Question

Quizplus · Accepted Answer

Amanda's pay plan is called piecework, which means she earns a certain amount of money for every unit (in this case, widgets) that she produces. This is different from a salary plan, which pays a fixed amount regardless of how much work is done, or stock incentives, which are based on the performance of the company's stock. A cafeteria plan is a benefits plan that allows employees to choose from a variety of benefits options.

Amanda Is Paid $0