Weber Optical, an eyeglass manufacturer, pays employees an incentive based on the average amount of work completed per hour. Weber Optical pays $10 for processing 20 invoices per hour. An employee who processes 30 invoices would earn $15 per hour. Hence, Weber Optical pays the same rate per invoice no matter how many invoices an employee processes per hour. Which type of incentive pay does this scenario illustrate? Explain how?

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The scenario best illustrates a piecerate incentive pay system This type of pay rates is used ... View the full answer