Merit pay is
A)a contingent amount of pay that is earned by managers whose subunits meet a target rate of return.
B)always for a limited period of time and must be re-earned each period.
C)any pay earned when the company is profitable.
D)a pay increment received when a specific performance level is achieveD.

Question

Quizplus · Accepted Answer

Merit pay is a pay increment received by an employee when a specific performance level is achieved. It is given based on the employee's individual performance and is not guaranteed for a certain period of time.

Merit Pay Is