Which type of incentive plans are used to reward individual performance?
A) gainsharing
B) merit pay
C) Scanlon plan
D) profit sharing
E) stock ownership

Name: Which type of incentive plans are used to reward individual performance? A) gainsharing B) merit pay C) Scanlon plan D) profit sharing E) stock ownership
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Question

Quizplus · Accepted Answer

Merit pay plans are used to reward individual performance. Gainsharing, Scanlon plans, profit sharing, and stock ownership generally reward group performance or company performance as a whole.

Which Type of Incentive Plans Are Used to Reward Individual