One Common Feature of All Types of Incentive Plans Is

question 42

Multiple Choice

One common feature of all types of incentive plans is:

• A)an established standard of performance that is used to determine the magnitude of the incentive pay.
• B)a sharing contract between the employees and employers, which stipulates that the losses incurred by the companies will be shared by both employees and employers.
• C)the established formula that specifies the maximum percentage of base pay allocated as incentives.
• D)a risk-sharing plan that increases pay depending upon the turnover rate of a company.