Which of the following is an individual type of incentive plan?
A) Improshare
B) lump sum merit pay
C) stock options
D) employee stock ownership plans

Question

Quizplus · Accepted Answer

Lump sum merit pay is an individual type of incentive plan as it rewards employees for their individual performance and contributions. Improshare, stock options, and employee stock ownership plans are group incentive plans as they involve sharing profits or ownership with a group of employees rather than rewarding individual performance.

Which of the Following Is an Individual Type of Incentive