The common feature to all types of incentive plans is:

Question

Quizplus · Accepted Answer

A standard of performance is the common feature to all types of incentive plans. Incentive plans are designed to motivate employees by tying their compensation to their level of performance. To do this effectively, there must be a clear standard of performance against which employees can be evaluated and rewarded. Without a performance standard, it would be difficult to determine how much incentive pay an employee should receive. Options B, C, and D may be features of some incentive plans, but they are not universal to all incentive plans.

The Common Feature to All Types of Incentive Plans Is