A _____ is an example of a group incentive plan.
A) merit-pay plan
B) skill-based pay plan
C) stock-purchase plan
D) piece-rate plan
E) knowledge-based pay plan

Question

Quizplus · Accepted Answer

A stock-purchase plan is a group incentive plan where employees can purchase company stock at a discounted price, providing motivation to work hard and improve company performance. The other options are individual incentive plans.

A _____ Is an Example of a Group Incentive Plan