In which type of individual incentive program does each task have an assigned amount of time for completion?
A)Straight piece-rate plan
B)Differential piece-rate plan
C)Standard hour plan
D)Individual bonus plan
E)Merit payment plan

Question

Quizplus · Accepted Answer

In a standard hour plan, each task is assigned a certain amount of time for completion, and the employee is then paid based on whether they completed the task within that time frame or not. This incentivizes employees to work efficiently and effectively within a set time frame.

In Which Type of Individual Incentive Program Does Each Task