Question: Which type of variable pay distributes compensation based on a formula designed around a companies profitability

Which type of variable pay distributes compensation based on a formula designed around a companies profitability

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

7-2. An engineer suspects that the surface finish of metal parts is influenced by the type of paint used and the drying time. She selects two drying times-20 and 30 minutes-and uses two types of...

Q:

Which type of variable pay distributes compensation based on a formula designed around a company's profitability? A . Bonus plan B . Profit - sharing plan C . External equity D . Internal equity E ....

Q:

model 3 -4 5 Ben is the type of individual who is pragmatic, maintains emotional distance, and believes the ends can justify means in all that he does. He is exhibiting a self-fulfilling prophesy....

Q:

Instructions: This is a Multiple Choice Exam. Instructions: Select the most suitable answer for each question. Answer all questions. 1. Which of the following best describes a team is* 1 point A. any...

Q:

Which of the following statements is true regarding a merit - based pay plan? It is also called competency - based pay plan. High performers can get bigger raises. It bases pay levels on how many...

Q:

Which of the following statements is true regarding a merit - based pay plan? Atypical merit - based pay plan provides no base salary and pays the employee only for What he or she produces. It...

Q:

Zappos distributes compensation based on an established formula designed around the company's profitability. This is an example of merit - based pay gainsharing a piece - rate pay plan profit -...

Q:

What are flexible benefits? A formula - based group incentive plan that uses improvements in group productivity from one period to another to determine the total amount of money allocated A plan that...

Q:

What are flexible benefits? A formula - based group incentive plan that uses improvements in group productivity from one period to another to determine the total amount of money allocated A plan that...

Q:

What are flexible benefits? A formula - based group incentive plan that uses improvements in group productivity from one period to another to determine the total amount of money allocated A plan that...

Q:

Several studies confirm that values vary among groups of occupations such as corporate executies, union members and community activists. True False Question 4 pont Steve is unhappy with his job. He...

Q:

Visit www.isaca.org, the website for the Information Systems Audit and Control Association, and examine two case studies of organizations that use COBIT. Explain how these entities obtain value by...

Q:

Two firms produce differentiated products. Firm 1 faces the demand curve Q1 = 75 - P1 + .5P2. (A lower competing price robs the firm of some, but not all, sales. Thus, price competition is not as...

Q:

Which of the following is a true statement of the events which may trigger a generation - skipping transfer tax? Group of answer choices A taxable termination only. A taxable distribution only. A...

Q:

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,950 gallons @ $9.10 per gallon = $17,745 Purchases: Sales: Mar. 10 790 gals @ $ 9.15 Mar. 5 590 gals Mar. 16...