If employees' pay is based not on the actual amount of time it takes them to complete a job but instead on a predetermined amount of time for completing the job,which incentive plan are they working under?
A) piece-rate plan
B) standard hour plan
C) time division plan
D) completion pay system

Question

Quizplus · Accepted Answer

Employees working under a standard hour plan are paid based on a pre-determined amount of time for completing a job, rather than on the actual time it takes them to complete the job. This type of incentive plan can be useful for jobs that are repetitive, since employees are incentivized to work more efficiently in order to complete the job in the allotted time.

If Employees' Pay Is Based Not on the Actual Amount