Liz Edwards is a sales associate for a major retailer of high-quality cooking supplies, housewares, and furniture. She is paid an hourly wage, plus she gets an additional sum of money that is a percentage of the dollar sales of all the sales associates combined during the hours that she works. Liz is working under a(n) ________________________ compensation plan.

Question

Quizplus · Accepted Answer

Liz's compensation includes both an hourly wage (a fixed amount) and a commission (a variable amount based on sales), which fits the definition of a combination compensation plan.

Liz Edwards Is a Sales Associate for a Major Retailer