Which of the following is an individual type of incentive plan?
A)Improshare
B)Lump sum merit pay
C)Stock options
D)Employee stock ownership plans

Question

Quizplus · Accepted Answer

Lump sum merit pay is an individual type of incentive plan which rewards employees based on their individual performance and contribution to the organization. Improshare, stock options, and employee stock ownership plans are all group/team based incentive plans.

Which of the Following Is an Individual Type of Incentive