Each year, Save-A-Lot Market managers select three employees to receive a one-time reward of $300 for exceeding performance standards. The annual reward has become a highly visible motivational tool within the company. This is an example what type of incentive-pay program?

Question

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This is an example of a bonus incentive-pay program, where employees receive a one-time reward for exceeding performance standards.

Each Year, Save-A-Lot Market Managers Select Three Employees to Receive