To qualify as incentive pay,a performance-based compensation program:
A)must use monetary rewards.
B)must use only non-monetary rewards.
C)may use either monetary or non-monetary rewards.
D)may only use piece rates and commissions.

Question

Quizplus · Accepted Answer

Incentive pay programs may use either monetary or non-monetary rewards as long as they are tied to individual or organizational performance goals. This allows for flexibility in designing an incentive plan that fits the specific needs and goals of the organization. While piece rates and commissions are common forms of monetary incentives, they are not the only options available.

To Qualify as Incentive Pay,a Performance-Based Compensation Program