Paying an executive $140,000 a year is an example of what kind of compensation plan?
A) piece-rate plan
B) performance plan
C) time plan
D) commission plan

Question

Quizplus · Accepted Answer

Paying an executive $140,000 a year is an example of a time plan, where compensation is based on the amount of time worked, rather than on the number of items produced, the performance of the individual or team, or the amount of sales generated.

Paying an Executive $140,000 a Year Is an Example of What