Two specific forms of individual-based pay-for-performance programs
A)stock options and gainsharing.
B)piece-rate wages and gainsharing.
C)profit-sharing and gainsharing.
D)variable-pay programs and piece-rate wages.
E)piece-rate wages and bonuses.

Question

Quizplus · Accepted Answer

Piece-rate wages and bonuses are both individual-based pay-for-performance programs. Piece-rate wages pay employees based on the amount of work they produce, while bonuses are typically awarded for achieving specific performance targets or exceeding expectations. Both programs tie pay directly to performance, incentivizing employees to work harder and produce more in order to earn higher pay.

Two Specific Forms of Individual-Based Pay-For-Performance Programs