A __________ plan awards regular pay increases in proportion to performance. contributions.
A) stock option
B) bonus plan
C) merit pay
D) profit sharing

Question

Quizplus · Accepted Answer

Merit pay awards regular pay increases in proportion to an employee's performance contributions. Stock option plans provide employees with the option to buy company stock at a discounted price. Bonus plans provide one-time monetary incentives for meeting specific goals or targets. Profit sharing provides employees with a portion of the company's profits as a form of compensation.

A __________ Plan Awards Regular Pay Increases in Proportion to Performance