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
When Lester learned the truth, he sued MacKintosh Motors and the salesperson for damages for fraud. They raised the defense that the salesperson did not know the statement was false and had not intended to deceive Lester.
Answers (1)
After startup, what is the single most important tool the small business owner has at his or her disposal for ensuring the success of the business? why is it so crucial?
Answers (1)
LO 8.4The fixed factory overhead variance is caused by the difference between which of the following? actual and standard allocation base actual and budgeted units actual fixed overhead and applied fixed overhead actual and standard overhead rates
Answers (1)
Your friend wants to open a clothing shop. A necessary capital resource is a
Answers (1)
Which area of the world has half of the population living in the bottom 20 percent of global income? psych?
Answers (1)
New Questions in Business
McHale Company does business in two customer segments, Retail and Wholesale. The following annual revenue information was determined from the accounting system's invoice information: 20Y5 20Y4 Retail $126,000 $120,000 Wholesale 150,000 164,000 Total
Answers (1)
Which of the following statements about the market structure of monopoly are correct? a. A monopoly involves a market one or a few major firms. b. The monopolist can charge any price she wishes and still operate at maximum profit. c.
Answers (1)
What was the reason for the financial crisis 2008?
Answers (1)
A party to a lawsuit that has an actual stake in the outcome of the case has:
Answers (2)
Stock A has a beta of 0.8 and Stock B has a beta of 1.2. 50% of Portfolio P is invested in Stock A and 50% is invested in Stock B.
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?