A type of incentive plan that gives income over and above base salary to individual employees who meet a specific individual performance standard is a(n)

Question

Quizplus · Accepted Answer

An individual incentive program gives additional income to employees who meet a specific performance standard. Straight commission, spot bonuses, profit-sharing plans, and cash bonus systems are all different types of incentives, but they are not specifically tied to individual performance standards.

A Type of Incentive Plan That Gives Income Over and Above