A program to reward top performers with increases in their annual wage that carry over from year to year is called ______ pay.
A) bonus
B) entitlement
C) merit
D) profit

Question

Quizplus · Accepted Answer

The description provided in the question fits the definition of merit pay. Merit pay is a system of rewarding top-performing employees with annual increases that accumulate and carry over year to year. Bonus pay is typically a one-time reward, entitlement pay is based on job title or seniority rather than performance, and profit pay is based on company profits rather than individual performance.

A Program to Reward Top Performers with Increases in Their