Vactin Motors,an automobile company,ties individual performance,profits,and other measures of employees' success to a particular form of pay.This form of pay is influential because the amount paid is linked to certain predefined behaviors or outcomes.Which of the following is exemplified in this scenario?
A) minimum wage
B) overtime pay
C) incentive pay
D) piecework rates
E) salary

Question

Quizplus · Accepted Answer

The scenario describes an incentive pay plan where individual performance and profits are tied to a particular form of pay. Incentive pay is typically tied to specific behaviors or outcomes, making it influential in motivating employees to meet or exceed performance expectations. The other options listed do not fit the scenario described.

Vactin Motors,an Automobile Company,ties Individual Performance,profits,and Other Measures of Employees