Lump sum merit increases can be a more dramatic motivator than traditional merit pay because the amount seems greater when received as a lump sum.

Name: Lump sum merit increases can be a more dramatic motivator than traditional merit pay because the amount seems greater when received as a lump sum.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

Lump sum merit increases can be perceived as more significant because they provide an immediate, larger payout compared to smaller, incremental increases in regular paychecks.

Lump Sum Merit Increases Can Be a More Dramatic Motivator