People Who Are Only Working Part-Time, but Want to Be

question 132

Multiple Choice

People who are only working part-time, but want to be working full-time, are classified officially as

• A) unemployed and in the labor force.
• B) unemployed and out of the labor force.
• C) employed and in the labor force.
• D) employed and out of the labor force.

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Definitions:

Performance-Based Pay

A compensation strategy that ties a portion of an employee's pay directly to their performance or achievements, incentivizing high performance.

Cash Rewards

Monetary incentives provided to employees, customers, or individuals as recognition for their achievements, loyalty, or participation.

Performance

Performance refers to the execution and accomplishment of given tasks measured against preset known standards of accuracy, completeness, cost, and speed.

Merit Pay

A pay increase given to employees based on their performance, as a reward for achieving specific goals or outstanding work.