__________ plans are pay-for-performance plans that put a small amount of base pay at risk,in exchange for the opportunity to earn additional pay.
A) Fixed pay
B) Variable pay
C) Gamble pay
D) Cost pay

Question

Quizplus · Accepted Answer

Variable pay plans offer the opportunity to earn additional pay based on performance, usually by tying a portion of the pay to individual or group performance metrics. This way, the employees have the potential to earn more based on their performance. In such a plan, a small portion of base pay is put at risk, and the remaining pay can be adjusted based on performance.

__________ Plans Are Pay-For-Performance Plans That Put a Small Amount