The purpose of using combination pay methods is to:
A) Offer employees an incentive for increased performance.
B) Meet minimum wage requirements and offer pay for performance.
C) Reduce salary expenses by offering variable compensation.
D) Cross-train employees in various company functions.

Question

Quizplus · Accepted Answer

The purpose of using combination pay methods is to offer pay for performance while also meeting minimum wage requirements. It ensures that employees are paid based on their performance while also making sure they receive the minimum wage mandated by law. This approach can motivate employees to perform better while also keeping labor costs under control.

The Purpose of Using Combination Pay Methods Is To