Variable pay can be characterized as:

Question

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Variable pay refers to additional tangible rewards given to employees for performance beyond normal expectations. It is usually offered as a motivation to encourage employees to work harder and achieve better outcomes. Although variable pay can reflect knowledge and skills that employees bring to the job, it is primarily focused on rewarding exceptional performance. Psychic satisfaction and compensation based on skills are not necessarily included in the concept of variable pay.

Variable Pay Can Be Characterized As