How is a merit raise different from a merit bonus?
A) A merit raise represents a continuing increment, whereas the bonus represents a one-time payment.
B) A merit bonus represents a continuing increment, whereas the raise represents a one-time payment.
C) A merit raise is based exclusively on group performance, whereas the bonus is based exclusively on individual performance.
D) A merit raise is based exclusively on individual performance, whereas the bonus is based exclusively on group performance.
E) A merit raise is based exclusively on organizational performance, whereas the bonus is based exclusively on group performance.

Question

Quizplus · Accepted Answer

A merit raise represents an ongoing increment in an employee's salary based on their individual performance, while a merit bonus is typically a one-time payment or reward for exceptional performance, often in a specific project or timeframe.

How Is a Merit Raise Different from a Merit Bonus