Nick works for an electronics store. His entire compensation is based on an 8 percent commission he is paid on all the sales he makes minus merchandise returns. This is an example of a(n)
A) straight salary plan.
B) quota-bonus plan.
C) equity-based compensation.
D) incentive compensation plan.
E) cafeteria plan.

Question

Quizplus · Accepted Answer

Incentive compensation plans reward employees on the basis of their productivity.

Nick Works for an Electronics Store