Which of the following statements regarding incentive pay plans is most accurate?
A.        Unlike merit pay plans, base pay is set at the market rate for incentive plans.
B.        Maximum earning potential is usually greater with an incentive plan than a traditional merit plan.
C.       Once earned, the incentive pay becomes part of the employee's base pay.
D.       Maximum caps are used to keep incentive pay levels even with the industry pay level.
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Incentive pay rewards employees for achieving defined goals. The company sets performance objectives at the beginning of the pay period and if these are achieved, employees receive a lump-sum payment. Incentive pay plans can be based on the performance of the individual, team, business unit or company. Company-wide incentive pay schemes include gainsharing and profit sharing. The ability of an individual to influence the outcome of the incentive pay plan declines as the group being measured grows larger. However, team-based incentive pay plans offer advantages to companies.
_____________ was the temporary Chairman of the first meeting of the Constituent Assembly held on 9 December 1946.
Choose the most appropriate synonym of the given word.Â
AFFLUENT
The salt formed by the combination of the mixture of solutions of two simple salts and which lose identity of the salts from which it is formed.
If the battle of Plassey was considered to be the beginning of British Rule then by which battle they completed the conquest of India?
The Lankavatara Sutra deals with
Prime minister of INDIA is?
Who used the "Rajasthani" term for the language of Rajasthan for the first time ?
Which is the first state in the country to implement blindness control policy aimed at right to site vision?
In which language is ‘Eklingamahatmya’ written ?
The Ideal of Justice mentioned in the Preamble is taken from?