A wage plan based solely on an employee's quantity of production is known as a(n):
A)Modified wage plan.
B)Hourly-rate plan.
C)Incentive wage plan.
D)Piece-rate plan.

Name: A wage plan based solely on an employee's quantity of production is known as a(n): A)Modified wage plan. B)Hourly-rate plan. C)Incentive wage plan. D)Piece-rate plan.
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Question

Quizplus · Accepted Answer

A piece-rate wage plan pays employees based on the amount of goods or products they produce. The more they produce, the more they earn.

A Wage Plan Based Solely on an Employee's Quantity of Production