CompensationMGMT Quiz 10
Which of the following are an example of a long-term incentive plan?
Performance plans
________ have indirect pay-performance links and require employees to put up money to exercise grants.
Stock options plans
________ requires division of a task into simple actions and determination of the time required by an average skilled worker to complete each action.
A Bedeaux plan
Which of the following is an individual incentive plan?
A stock ownership plan
An incentive system with three piecework rates is the
Merrick plan.
The trend in recent variable-pay design is to combine the best of
gain-sharing and profit-sharing plans.
In gain-sharing plan formulas,
labor inputs are in the numerator and productivity outcomes are in the denominator.
If you had repair work done on your car, the shop most likely used ________ to pay the mechanic.
a standard hour plan
The most frequently implemented incentive system is:
a straight piecework system.
