An incentive plan where a portion of the bottom-line economic company profits is given to employees is called __________.
An incentive plan that combines a measurement of productivity with a financial bonus related to any increases in organizational productivity is called __________.
a. job-based pay; skill-based pay
b. competency-based pay; productivity-based pay
c. profit sharing; gain sharing
d. bonus sharing; incentive pay
Question 2
One study found that 31 of HR employees' time was devoted to transactional tasks like checking leave balances, maintaining address records, and monitoring employee benefits distributions.
Indicate whether this statement is true or false.
