Multiple Choice
Which of the following statements best describes a merit raise?
A) A promise of future payments
B) A permanent pay raise that recognizes past performance
C) An increase that is tax exempt
D) A lump sum reward for past performance that does not increase base pay
Correct Answer:

Verified
Correct Answer:
Verified
Q8: There are three types of profit-sharing plans
Q10: Which of the following statements refers to
Q11: Which of the following managerial practices,combined with
Q12: When is profit sharing most important to
Q12: From an employer's point of view, what
Q16: The three types of profit sharing plans
Q18: What differentiates merit pay from other types
Q18: In general,individual performance pay fits best with
Q19: Employee stock plans are simpler to implement
Q20: Attendance programs are less risky for organizations