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3 years ago

A company is using a ______ pay structure in which more efficient workers earn higher wages.

2 answers:

8 0

The answer to this question is Differential rate
This type of pay structure is used to encourage each worker to improve their own productivity.
Not only that, this structure also make employees feel valued by giving more contribution which will also improve employees' loyalty

VARVARA [1.3K]3 years ago

4 0

A company is using a differential rate pay structure in which more efficient workers earn higher wages.

Further Explanation:

Differential pay:

Differential pay is a budgetary term that alludes to additional cash earned by a representative for working a specific move. Representatives regularly get additional remuneration for working "off" shifts, for example, night move or third move.

Pay differential mean:

A pay differential, which is likewise called a repaying wage differential or an evening out distinction, is characterized as the extra measure of pay that a given specialist must be offered so as to rouse them to acknowledge a given unwanted activity, with respect to different occupations that laborer could perform.

Differential pay required:

While the FLSA carefully screens workers' profit, it doesn't expect managers to give move differentials or premium compensation for medium-term, end of the week or occasion shifts. Along these lines, businesses are allowed to set up arrangements on move differentials as required, as long as they meet the lowest pay permitted by law and extra time law.

Geographic differential pay:

A geographic compensation differential is extra pay paid to a worker to represent varieties in expense of work or potentially average cost for basic items between areas. A few organizations use typical cost for basic items (e.g., cost of products and enterprises) as a factor to decide geographic compensation differentials.

Subject: business

Level: college

Keywords: Differential pay, Pay differential mean, Differential pay required, Geographic differential pay.

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