What Is the Fundamental Premise of Variable Pay Plans

question 34

Multiple Choice

What is the fundamental premise of variable pay plans?

• A) Workers should only be paid for the work they complete.
• B) Top performers must get top pay to secure their commitment.
• C) Create incentive for commission paid workers to maximize their efforts.
• D) Enable the organization to reduce labour costs when profits decline.
• E) Accommodative the different needs of workers.

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