The compensation plan characterized by high control,employee security,and known expenses is a _____.

Question

Quizplus · Accepted Answer

A straight-salary plan provides high control for the employer, as they determine the fixed salary amount for the employee. It also offers employee security since the salary is guaranteed, regardless of performance. Known expenses can be planned for by the employer since the salary amount is predetermined.

The Compensation Plan Characterized by High Control,employee Security,and Known Expenses