Commissions tied to sales volume or profitability, or bonuses for meeting or exceeding specific performance targets are examples of ___________________________.

Question

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Commissions tied to sales volume or profitability, and bonuses for meeting or exceeding specific performance targets are examples of incentive pay, which is a form of variable pay that rewards employees based on their performance. Other examples of incentive pay include stock options, profit sharing, and gainsharing. Unlike salary and benefits, incentive pay is not a fixed compensation and is based on the achievement of specific goals or objectives.

Commissions Tied to Sales Volume or Profitability, or Bonuses for Meeting