An Individual Incentive Pay System Is Associated with High Turnover

question 17

True/False

An individual incentive pay system is associated with high turnover of high performers.

---

Definitions:

Equivalent

Equal in value, amount, function, meaning, etc., often used in mathematics and chemistry.

Per Annum

A Latin term meaning "per year," often used in financial contexts to describe rates or amounts calculated over a yearly basis.

Invested

Invested refers to the allocation of resources, usually money, into a financial venture with the expectation of receiving future returns.

Per Annum

Annually; indicating the occurrence, rate, or amount in a year.