An individual-level performance-based pay where people are rewarded for the quantity of goods they produce regardless of how long it has taken them is called ______.
A) merit pay
B) piece rate
C) bonus
D) benefit

Question

Quizplus · Accepted Answer

Piece rate pay is a compensation system where employees are paid based on the quantity of units they produce or complete, rather than on the amount of time they work.

An Individual-Level Performance-Based Pay Where People Are Rewarded for the Quantity