Which of the Following Is True of Incentive Pay

question 19

Multiple Choice

Which of the following is true of incentive pay?

• A)Incentive pay is considered part of an employee's fringe compensation.
• B)The criteria for judging an award tends to be objective,such as quantity produced.
• C)Award levels are subjective.
• D)The amount of the award paid for attainment of goals is not communicated in advance.

---

Definitions:

Particular Department

Refers to a specific division or unit within an organization that focuses on a certain area of work or function.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment or to compare the efficiency of several investments, typically expressed as a ratio or percentage.

Training Programs

Structured educational processes designed to enhance the knowledge, skills, and competencies of individuals in a specific area or job.

Non-Monetary Benefits

Non-monetary benefits refer to incentives or compensations provided to employees that do not involve direct cash payments, such as health insurance, flexible working hours, or company discounts.