Which of the following terms refers to any salary increase the firm awards to an individual employee based on his or her individual performance?
A. Merit pay
B. Variable pay
C. Base pay
D. Competency-based pay
Answer: A
Which of the following terms refers to any salary increase the firm awards to an individual employee based on his or her individual performance?
A. Merit pay
B. Variable pay
C. Base pay
D. Competency-based pay
Answer: A