Long-term variable pay plans provide employees ownership opportunities as the value of the organization increases are applicable only in the ________.
A) public sector
B) private sector
C) technology sector
D) none of the above

Question

Quizplus · Accepted Answer

Long-term variable pay plans, such as stock options and performance shares, are more commonly used in the private sector where the organization's value may increase over time. In the public sector, ownership opportunities may not be applicable, and in the technology sector, other forms of compensation may be more prevalent. Therefore, the best choice is B, the private sector.

Long-Term Variable Pay Plans Provide Employees Ownership Opportunities as the Value