A firm should most likely use merit pay as an element of a(n):
A) team-based compensation plan.
B) plantwide compensation plan.
C) equity-based compensation plan.
D) individual-based compensation plan.

Question

Quizplus · Accepted Answer

Merit pay is usually tied to individual performance and is based on an employee's achievements or accomplishments, making it most appropriate for use in an individual-based compensation plan.

A Firm Should Most Likely Use Merit Pay as an Element