A compensation method whereby employees are paid according to the amount they sell in a given time-period is known as:
A)commission-based compensation
B)piece-rate compensation
C)deferred compensation
D)bonus compensation

Question

Quizplus · Accepted Answer

This type of compensation is based on the amount of sales made by the employee, so the more they sell, the more they earn. It provides motivation for employees to increase their productivity and is commonly used in sales positions.

A Compensation Method Whereby Employees Are Paid According to the Amount