Which of the following are all forms of variable-pay programs?
A) piece-rate, merit-based pay, gainsharing
B) profit-sharing, lump-sum bonuses, extended vacations
C) wage incentive plans, flex time, piece-rate
D) retirement benefits, extended vacations, wage incentive plans
E) wage rate increases, bonuses, flex time

Question

Quizplus · Accepted Answer

Piece-rate, merit-based pay, and gainsharing are all examples of variable-pay programs where an employee's pay is directly tied to their individual or team performance. Profit-sharing, lump-sum bonuses, and extended vacations may be forms of incentive pay or rewards, but they are not considered variable-pay programs in the same way as the options listed in choice A. Wage incentive plans are a form of variable pay, but flex time and piece-rate may also be considered as such. Retirement benefits and extended vacations are not examples of variable-pay programs. Wage rate increases and bonuses may be forms of variable pay, but flex time is not.

Which of the Following Are All Forms of Variable-Pay Programs