Asked by Jared Stone on Jul 22, 2024
Verified
A pay structure specifically designed to energize, direct, or control employees' behavior is known as
A) monthly salary.
B) wage.
C) incentive pay.
D) annual salary.
E) fixed pay.
Incentive Pay
Financial or non-financial rewards given to employees based on their performance, as a way to motivate higher productivity and achieve company goals.
- Understand the concept and purpose of incentive pay and how it influences employee behavior.
Verified Answer
TI
Taisei IimuraJul 25, 2024
Final Answer :
C
Explanation :
Incentive pay is specifically designed to energize, direct, or control employees' behavior by providing an additional reward for achieving certain goals or objectives. This type of pay structure can help to increase motivation and productivity among employees. Monthly salary, wage, annual salary, and fixed pay do not necessarily provide additional rewards for achieving particular goals.
Learning Objectives
- Understand the concept and purpose of incentive pay and how it influences employee behavior.