Whereas merit pay plans typically rely on objective performance appraisal ratings,incentive pay is often paid based on qualitative performance measures.

Question

Quizplus · Accepted Answer

Incentive pay plans often rely on quantitative performance measures, such as sales goals or production targets. Merit pay plans can consider both objective and subjective performance measures, including things like teamwork and leadership skills.

Whereas Merit Pay Plans Typically Rely on Objective Performance Appraisal