Ask Question
BusinessBusiness
30 September, 03:16

When a company offers additional compensation based on the contingency of certain goals being met by individual employees, this is referred to as?

+3
Answers (1)
  1. 30 September, 06:20
    0
    When this refers to individual employees I would say it is a bonus system whereby if say a driller drills greater than a certain length per shift then he gets a bonus for the extra length drilled. The trouble with this system, especially in an underground mine is that it can foster dangerous practices and shortcuts and rushing by the miners to achieve the extra bonus, especially if the regular pay is not that much so the miners can be hurt or the quality of the work can suffer also.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When a company offers additional compensation based on the contingency of certain goals being met by individual employees, this is referred ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
36. Which of the following indicates the final step of the selling process, in which the salesperson ensures delivery schedules are met, goods or services perform as promised, and the buyers' employees are properly trained to use the products? a.
Answers (2)
On November 1, 2018, Quantum Technology, a geothermal energy supplier, borrowed $22 million cash to fund a geological survey. The loan was made by Nevada BancCorp under a noncommitted short-term line of credit arrangement.
Answers (1)
Suppose the united states sets a limit on the number of tons of sugar that can be imported each year. this is an example of a (n) : protective tariff. revenue tariff. import quota. voluntary export restriction.
Answers (1)
The most critical aspect of a wan services contract is how the service provider supplies troubleshooting, network management, and security management services.
Answers (1)
Beginning three months from now, you want to be able to withdraw $2,700 each quarter from your bank account to cover college expenses over the next four years. if the account pays.
Answers (1)
New Questions in Business
What does it mean to be concise in business writing? A. to use facts that readers can easily verify B. to use language that impresses readers C. to use fewer words to clearly convey ideas D. to use reliable sources to present information
Answers (1)
Paar Corporation bought 100 percent of Kimmel, Inc., on January 1, 2015. On that date, Paar's equipment (10-year remaining life) has a book value of $420,000 but a fair value of $520,000.
Answers (1)
On January 1, 2014, Fishbone Corporation sold equipment to Lost Company that cost $250,000 and that had accumulated depreciation of $100,000 on the date of sale.
Answers (1)
Leading economic indicators are: A. the most popular economic statistics. B. data that are used to construct the consumer price index and the unemployment rate. C. variables that tend to fluctuate in advance of the overall economy. D.
Answers (1)
Is ged the same as graduating high school?
Answers (1)
Home » Business » When a company offers additional compensation based on the contingency of certain goals being met by individual employees, this is referred to as?
Sign Up Forgot Password?