MATCHING KEY TERMS AND DEFINITIONS
-Rewards exemplified by the use of commissions, piecework pay plans, incentive systems, group bonuses, or other forms of merit pay.
A)Team-based compensation
B)Extrinsic rewards
C)Compensation administration
D)Ordering method
E)Fair Labor Standards Act
F)Performance-based rewards
G)Wage structure
H)Differential
I)Organization-wide incentive
J)Classification method
K)Equal Pay Act
L)Merit pay
M)Golden parachute
N)Compensation surveys
O)Exempt

Question

Quizplus · Accepted Answer

Performance-based rewards are rewards given based on the performance of an individual or group, such as commissions, piecework pay plans, and other forms of merit pay.