Question

The differential piece rates system refers to:

A. an incentive pay plan in which the employer pays the rate per piece based on the difference in performance of employees.

B. a system that gives employees a bonus if the ratio of labor costs to the sales value of production is below a set standard.

C. an incentive pay in which the piece rate is higher when a greater amount is produced.

D. a system of linking pay increases to ratings on performance appraisals.

E. an incentive pay plan where every employee is paid different wages based on the skills they possess.

Answer

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