Historical performance is the basis for rewarding an employee for which of the following plans?
A)Bonus pay
B)Piece-rate pay
C)Profit-sharing
D)Merit-based pay

Question

Quizplus · Accepted Answer

Merit-based pay is a system that rewards employees based on their performance in the workplace. Historical performance can be used as a basis for determining an employee's merit and therefore their pay. Bonus pay, piece-rate pay, and profit-sharing plans do not necessarily rely on an employee's historical performance to determine their pay.

Historical Performance Is the Basis for Rewarding an Employee for Which