Variable pay is:
A)compensation based on the reduction of the company's variable costs.
B)compensation that varies based on the number of hours an employee works.
C)a payment made to a supplier in multiple installments.
D)compensation awarded on the basis of individual results or performance.
E)a payment made to employees based on willingness to work overtime.

Question

Quizplus · Accepted Answer

Variable pay is a type of compensation that varies based on individual performance or results. It is often used as an incentive to motivate employees to achieve specific goals or targets. This can include bonuses, commissions, or profit-sharing arrangements.

Variable Pay Is