Which of the following is associated with variable pay plans?
A)psychic satisfaction provided for employees
B)methods of tying compensation to the Consumer Price Index (CPI)
C)compensation that reflects the knowledge, skills, and abilities employees bring to the job
D)additional tangible rewards given for performance beyond normal expectations

Question

Quizplus · Accepted Answer

Variable pay plans are designed to provide additional tangible rewards to employees beyond their normal compensation for meeting or exceeding performance expectations. These rewards may include bonuses, commissions, and other forms of incentive pay.

Which of the Following Is Associated with Variable Pay Plans