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

Quizplus · Accepted Answer

The reward given to employees for exceeding performance standards is a one-time payment, which is characteristic of a bonus.

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