Asked by Susan Partin on Jun 05, 2024

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The amount of income linked to each job is called the

A) pay rank.
B) pay status.
C) pay differential.
D) incentive pay.
E) pay level.

Pay Level

The average amount of compensation an individual receives, including wages, salaries, bonuses, and other forms of payment.

Income Linked

Relates to financial activities or items that are directly connected to an individual's or household's earnings.

Incentive Pay

Incentive Pay is a form of compensation where employees receive additional pay or bonuses based on their performance, productivity, or meeting certain targets.

  • Comprehend the ways in which enhancing employee involvement can boost productivity, elevate customer service, strengthen competitive edge, and increase employee retention.
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Gavin PeartJun 11, 2024
Final Answer :
E
Explanation :
The amount of income linked to each job is commonly referred to as the pay level. Choice A, pay rank, typically refers to an individual's position in a company's hierarchy. Choice B, pay status, is not a widely recognized term in compensation literature. Choice C, pay differential, usually refers to the difference in pay between two or more job positions. Choice D, incentive pay, refers to monetary compensation offered to incentivize performance or achievement of specific goals.