__________ is incentive pay that ties at least part of compensation to employee effort and productivity, whether it be through merit-based pay, bonuses, team incentives, or various gain-sharing and profit-sharing plans.
A) Pay-for-performance
B) Seniority pay
C) Job-based pay
D) Competency-based pay
E) Group performance pay

Question

Quizplus · Accepted Answer

Pay-for-performance refers to incentive pay that ties at least part of compensation to employee effort and productivity, whether it be through merit-based pay, bonuses, team incentives, or various gain-sharing and profit-sharing plans. This type of pay motivates employees to perform better as they can see a direct correlation between their effort and their compensation.

__________ Is Incentive Pay That Ties at Least Part of Compensation