Question

__________ plans are pay-for-performance plans that put a small amount of base pay at risk, in exchange for the opportunity to earn additional pay.

Answer 1

Answer:

The correct answer to the following question will be "Variable Play Plan".

Explanation:

• The variable pay is the part of the gross income dictated by the performance of the employee. If workers achieve their targets, discretionary pay is given as a form of promotion, bonus pay or fee. Basic salary, on the other hand, is set and compensated regardless of whether workers achieve their objectives.
• It is the desired advantage of the company to captivate and keep employees. We want the chance to earn dynamic pay to strengthen their basic salary.

Therefore, the Variable Play Plan is the right answer.