Which of the following is classified as an individual variable pay plan?
A)cost reduction
B)profit sharing
C)employee stock options
D)piece-rate

Question

Quizplus · Accepted Answer

Piece-rate is a type of individual variable pay plan where employees are paid based on the number of units they produce or tasks they complete. The other options listed - cost reduction, profit sharing, and employee stock options - are all forms of group or organizational variable pay plans.

Which of the Following Is Classified as an Individual Variable