__________ pays employees a set amount regardless of performance.
A) Variable pay
B) Fixed pay
C) A pay mix
D) A pay structure

Question

Quizplus · Accepted Answer

Fixed pay is a compensation system in which employees receive a predetermined amount of money regardless of their performance. This is in contrast to variable pay, where compensation is based on an employee's performance or results achieved. A pay mix refers to a combination of fixed pay and variable pay, while a pay structure is the framework used by an organization to determine how employees are compensated.

__________ Pays Employees a Set Amount Regardless of Performance