_________ bases some or all of an employee's compensation on employee,team,or organizational performance.
A) Variable pay
B) Fixed pay
C) A pay mix
D) A pay structure

Question

Quizplus · Accepted Answer

Variable pay refers to a compensation system where a portion of an employee's pay is based on their individual, team, or organizational performance. It allows companies to reward employees for their contributions to the company's success, and incentivizes high performance. Fixed pay, on the other hand, refers to a compensation system where employees receive a set salary or hourly wage regardless of their performance. A pay mix is a combination of fixed and variable pay, while a pay structure refers to the range of compensation offered for different positions within an organization.

_________ Bases Some or All of an Employee's Compensation on Employee,team,or