A lump sum bonus is
◦ merit pay that is awarded in a single payment and not built into base pay.
◦ a wage incentive that is awarded in a single payment and not built into base pay.
◦ merit pay that is awarded in a single payment and built into base pay.
◦ a payment that employees receive as part of the Scanlon plan.
◦ a wage incentive that is awarded in a single payment and built into base pay.