Several organizations have an incentive that managers can give to their employees for outstanding singular effort not tied to any planned performance standard. What is such an incentive usually called?
A) a stock option
B) a spot bonus
C) merit pay
D) a differential piece rate

Question

Quizplus · Accepted Answer

A spot bonus is typically awarded to recognize exceptional effort or achievement on a specific project or task, not tied to pre-established performance metrics or standards.

Several Organizations Have an Incentive That Managers Can Give to Their