Which of the Following Is an Objective of Variable Pay

question 41

Multiple Choice

Which of the following is an objective of variable pay?

• A) to help retain long-service employees
• B) to help link individual performance to individual pay
• C) to help promote cost savings initiatives by employees
• D) to help keep labour costs down

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Definitions:

Equivalent Ratio

A ratio that has the same value when compared to another ratio, essentially representing the same proportional relationship.

Equivalent Ratio

A way to express the same relationship between two quantities as a ratio, even if the numbers in the ratio are different.

Ratio

A numerical correlation that displays how frequently the first number encompasses the second, indicating the magnitude of one number in relation to another.

Ratio

A connection between two figures that shows how often the first figure includes the second one.