Which of the following statements about forms of variable pay are true? Group of answer choices Stock options are a category of job-sharing pay plans. Profit-sharing plans are based on the concept that intrinsic rewards are more motivating than extrinsic rewards. A bonus is simply a one-time payment of a piecework rate. Gain-sharing is a motivational plan based on group productivity. Profit-sharing plans are also called piece-rate plans.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Which of the following statements about forms of variable pay are true?
Group of answer choices
Stock options are a category of job-sharing pay plans.
Profit-sharing plans are based on the concept that intrinsic rewards are more motivating than extrinsic rewards.
A bonus is simply a one-time payment of a piecework rate.
Gain-sharing is a motivational plan based on group productivity.
Profit-sharing plans are also called piece-rate plans.
 
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