Which of the Following Is NOT True of Merit Bonuses

question 24

Multiple Choice

Which of the following is NOT true of merit bonuses?

• A)They are viewed as less of an entitlement than merit pay.
• B)They are more expensive than merit pay in the long run.
• C)Employees dislike them.
• D)They are thought to be a substitute for merit pay.

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Definitions:

International Employees

Workers who are employed by an organization in a country other than their home country or who work across national borders.

Compensation Committee

A subgroup of a board of directors that is responsible for setting and guiding policies related to executive and employee compensation.

CEO's Compensation

The payment and benefits package provided to the Chief Executive Officer, reflecting responsibilities and aiming to incentivize performance.

Business Performance

A measure of the efficiency, effectiveness, and sustainability of a business in achieving its goals, often evaluated in terms of profitability, revenue growth, and market share.