The Term Pay-For-Performance Can Encompass All of the Following EXCEPT

question 69

Multiple Choice

The term pay-for-performance can encompass all of the following EXCEPT which one?

• A) merit-based pay
• B) base salary
• C) bonuses
• D) gainsharing programs

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Definitions:

Indirect Pay

Compensation that employees receive indirectly, including various types of insurance, retirement benefits, educational assistance, and other non-wage perks.

Principles

Fundamental truths or propositions that serve as the foundation for a system of belief, behavior, or reasoning.

Goal-Sharing

A strategy where organizational objectives are communicated and shared among team members to ensure alignment and foster cooperation.

Gain-Sharing

A performance-based compensation strategy where employees receive benefits from the cost-saving measures they contribute to.