Which of the following terms refers to an incentive plan in which a person is paid a sum for each item he or she makes or sells, with a strict proportionality between results and rewards?
A)variable pay
B)straight piecework
C)straight hourly pay
D)standard hour plan

Question

Quizplus · Accepted Answer

B)Piecework generally implies straight piecework, which entails a strict proportionality between results and rewards regardless of output. However, some piecework plans allow for sharing productivity gains between employer and worker.

Which of the Following Terms Refers to an Incentive Plan