Which of the following types of incentive pay plans are used to reward individual performance?
A) Gainsharing
B) Merit pay
C) Scanlon plan
D) Profit sharing
E) Stock ownership

Name: Which of the following types of incentive pay plans are used to reward individual performance? A) Gainsharing B) Merit pay C) Scanlon plan D) Profit sharing E) Stock ownership
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Question

Quizplus · Accepted Answer

An incentive plan that pays workers extra for work done in less than a preset "standard time" is referred to as a standard hour plan.

Which of the Following Types of Incentive Pay Plans Are