Which term below is one of the types of individual-level performance-based pay?
A) merit pay
B) employee stock ownership plan
C) profit sharing
D) gain sharing

Name: Which term below is one of the types of individual-level performance-based pay? A) merit pay B) employee stock ownership plan C) profit sharing D) gain sharing
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Question

Quizplus · Accepted Answer

Merit pay is a form of performance-based pay at the individual level, where employees receive increases in pay based on their performance evaluations.

Which Term Below Is One of the Types of Individual-Level