Respuesta :
Answer:
False
Explanation:
The most prevalent forms of organization-wide incentives are profit sharing and employee stock.
Variable Pay: It is basically a financial reward or incentive given to the employee based on his performance.
There are 3 types of variable pay:
1. Individual Incentive
Reward given to an individual for his outstanding performance. The most common forms include piece-rate systems, sales commissions, and individual bonuses.
2. Group/Team Incentive
Reward given to a group or team working together. The most common forms include gain-sharing and project bonuses
3. Organization Incentive
Reward given to all based on the performance of the organization. The most common forms include profit sharing and employee stock
Organizational incentives given to the employees are usually calculated as a percentage of their basic pay.
