In ________ programs,annual compensation increases are usually linked to performance appraisal ratings.
A)skill-based pay
B)gainsharing
C)merit pay
D)incentive pay
E)cost-based pay

Question

Quizplus · Accepted Answer

In merit pay programs, annual compensation increases are usually linked to performance appraisal ratings. Skill-based pay rewards employees for acquiring additional skills, gainsharing involves sharing the cost savings or productivity gains with employees, incentive pay rewards employees for meeting specific goals or objectives, and cost-based pay is based on the cost of living or region.

In ________ Programs,annual Compensation Increases Are Usually Linked to Performance