The most common type of incentive plan,which compares a worker's performance against an objective standard with pay determined by his or her own performance,is known as
A)a profit-sharing plan.
B)a stock plan.
C)a gainsharing plan.
D)an individual plan.
E)a particularized plan.

Question

Quizplus · Accepted Answer

An individual plan is the most common type of incentive plan that compares a worker's performance against an objective standard with pay determined by his or her own performance. In this type of plan, the performance standard may be set by the organization or agreed upon by the worker and the supervisor. The worker is then rewarded based on his or her own individual performance.

The Most Common Type of Incentive Plan,which Compares a Worker's