Tyrone,a data entry clerk,is paid a basic hourly rate.He receives an extra percentage of his rate when his productivity is above normal.Which incentive plan is most likely used by Tyrone's employer?
A) standard merit pay
B) standard hour plan
C) straight piecework
D) variable pay

Question

Quizplus · Accepted Answer

A standard hour plan is a plan by which a worker is paid a basic hourly rate but is paid an extra percentage of his or her rate for production exceeding the standard per hour or per day. It is similar to piecework payment but based on a percent premium.

Tyrone,a Data Entry Clerk,is Paid a Basic Hourly Rate