A current trend is to develop individual pay for performance plans where the incentive pay is:
A)Based on current performance, and not permanently tied to base pay
B)Linked to an absolute percentage of a the employee's base pay
C)A variable percentage of the employee's base pay.
D)A percentage of base pay budgeted a the beginning of the year and provides a permanent increase to an individual's salary
E)Determined by the board of directors for all employees, similar to executive compensation.

Question

Quizplus · Accepted Answer

Individual pay for performance plans typically involve incentive pay that is based on current performance and not permanently tied to base pay, allowing for flexibility and motivation based on recent achievements.

A Current Trend Is to Develop Individual Pay for Performance