An Incentive System in Which an Organization Links Pay Increases

question 27

Multiple Choice

An incentive system in which an organization links pay increases to ratings on performance appraisals is referred to as:

• A) commission.
• B) a Scanlon plan.
• C) merit pay.
• D) gain sharing.
• E) profit sharing.

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Definitions:

Evaluating

The process of assessing or judging the value, quality, or importance of something through careful consideration and analysis.

Podcasting

The creation and distribution of audio or video episodes over the internet, often available for subscription and download.

Crowdsourcing

The practice of obtaining information, ideas, or content by soliciting contributions from a large group of people, typically from the online community.

Enterprise Microblogging

A form of microblogging used within companies or organizations to enhance communication, sharing, and collaboration among employees.