Pay for Performance and Financial Incentives Multiple Choice Questions and Answers 1 PDF Download

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MCQ on Pay for Performance & Financial Incentives Test 1Quiz PDF Download

MCQ: A plan, offering a 75% base salary along with 25% incentives is classified as

  1. combination plan
  2. non commission plan
  3. competitive plan
  4. noncompetitive plan


MCQ: 'piecework' pay plan is often called

  1. individual pay plan
  2. group pay plan
  3. extrinsic rewards
  4. intrinsic rewards


MCQ: Factor which influence 'bonuses' are

  1. eligibility
  2. fund size
  3. individual performance
  4. all of above


MCQ: Adding 'incentives' to job is included in

  1. intrinsic motivation
  2. extrinsic motivation
  3. outsourced motivation
  4. in-house motivation


MCQ: All incentive plans focused on

  1. performance
  2. skills
  3. tenure
  4. particular knowledge