Which of the following is an individual incentive plan?
A) piecework
B) production incentive plans
C) employee stock ownership plans
D) team results
E) profit-sharing plans

Question

Quizplus · Accepted Answer

Piecework is an example of an individual incentive plan as it rewards employees based on the number of units produced or tasks completed individually. Production incentive plans can also be individual or team-based, but the focus is on rewarding employees for achieving production targets individually. Employee stock ownership plans, team results, and profit-sharing plans are team-based incentive plans.

Which of the Following Is an Individual Incentive Plan