As the owner of a real estate firm with multi-office operations,you provide a bonus to all sales personnel in the highest-producing office each month.What type of performance pay plan are you using?
A) Goal-sharing
B) Competitive bonus
C) Pooled performance
D) Group commissions

Question

Quizplus · Accepted Answer

The bonus plan provided to the highest-producing office each month is a form of competitive bonus. In this type of performance pay plan, rewards are given to individuals or groups who outperform others. In this case, the sales personnel in the highest-producing office are given a bonus as a way of recognizing their superior performance compared to other offices.

As the Owner of a Real Estate Firm with Multi-Office