All incentive plans share an established standard against which worker performance is compared to determine the magnitude of the incentive pay.

Question

Quizplus · Accepted Answer

This statement is true. All incentive plans have a standard or benchmark against which worker performance is evaluated to determine the amount of incentive pay they receive. This standard may include factors such as productivity, quality, safety, customer satisfaction, or other key performance indicators.

All Incentive Plans Share an Established Standard Against Which Worker