A sales commission is an example of a compensation plan A pay for knowledge B

A sales commission is an example of a compensation

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126.A sales commission is an example of a ______ compensation plan. Pay for performance bases pay on one's results. An example is the sales commission, in which sales representatives are paid a percentage of the earnings the company made from their sales, so that the more they sell, the more they are paid.AACSB: AnalyticBlooms: UnderstandLearning Objective: 12-06 How can I use compensation and other rewards to motivate people?Level of Difficulty: 2 MediumTopic: Using Compensation and Other Rewards to Motivate
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127.Gabe has a summer job hand-dying shirts that will be sold on the boardwalk. He is paid $3.50 per shirt. This is an example of a ______ compensation plan. Pay for performance bases pay on one's results. An example is payment according to a piece rate, in which employees are paid according to how much output they produce, as is often used with farm workers picking fruit and vegetables.AACSB: AnalyticBlooms: ApplyLearning Objective: 12-06 How can I use compensation and other rewards to motivate people?Level of Difficulty: 3 HardTopic: Using Compensation and Other Rewards to Motivate 128.Mark's employer passes out checks at the end of each quarter, representing an equitable portion of 5% of the company's pretax profits for the previous period. This is known as Profit sharing is the distribution to employees of a percentage of the company's profits.AACSB: AnalyticBlooms: ApplyLearning Objective: 12-06 How can I use compensation and other rewards to motivate people?Level of Difficulty: 3 Hard Topic: Using Compensation and Other Rewards to Motivate
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129.A Scanlon plan is a type of ______ compensation plan. Gainsharing is the distribution of savings or "gains" to groups of employees who reduced costs and increased measurable productivity. A Scanlon plan is a type of gainsharing plan first used in the steel industry.AACSB: AnalyticBlooms: UnderstandLearning Objective: 12-06 How can I use compensation and other rewards to motivate people?Level of Difficulty: 2 MediumTopic: Using Compensation and Other Rewards to Motivate
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