10.Question 10An employee completes one hour’s work in one hour and earns an hourly rate. Another employee completes the same amount of work in two hours and makes a portion of the hourly rate based on their completed work. What merit pay approach does this describe? 1 pointThe individual incentive planThe rate plan The gainsharing plan The standard hour plan

An employee is paid $5.00 for each pair of pants that they produce. Which type of individual incentive does this scenario describe?(1 Point)Merit payCommissionBonusPiecework

elect the correct answerA can do a piece of work in 90 days, B in 40 days and C in 12 days. They work for a day each in turn i.e., first day A does it alone, B does it the second day and C the third day. After that A does it for another day, and so on. After finishing the work they get Rs. 240. If the wages are divided in proportion to the work done by them, find what each will getOptionsA Rs.22, B Rs.50 and C Rs. 132A Rs. 24, B Rs.54 and C Rs. 162A Rs. 26, B Rs.52 and C Rs. 142A Rs. 20, B Rs. 44 and C Rs.182

Multiple Choice Question_____ are the financial rewards based on the number of hours an employee works.Multiple choice question.SalariesBenefitsWagesCommission

What type of incentive plan ties employee pay to the amount of output they produce?Profit sharingGain sharingPiece-rate payMerit-based pay

Multiple Choice QuestionWhat is an incentive system that pays a fixed amount or a percentage of the employee's sales?Multiple choice question.WagesBonusesSalaryCommission