Straight commission is the equivalent of _____________.
A) a Taylor plan
B) production bonus
C) straight piecework
D) gainsharing

Question

Quizplus · Accepted Answer

Straight commission is a compensation plan where an employee's earnings are solely based on their sales or production output. It is similar to straight piecework where the pay is directly proportional to the quantity of units produced. A Taylor Plan is a scientific management technique to improve worker efficiency, while gainsharing involves sharing a percentage of profits among employees as a reward for meeting specific targets. Production bonus is a type of incentive pay that rewards employees for achieving production goals beyond a standard level.

Straight Commission Is the Equivalent of _____________