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    Business
  3. Study Set
    Strategic Compensation Study Set 2
  4. Exam
    Exam 3: Traditional Bases for Pay: Seniority and Merit
  5. Question
    This Type of Pay Is Defined as Added Pay for Employees
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This Type of Pay Is Defined as Added Pay for Employees

Question 5

Question 5

Multiple Choice

This type of pay is defined as added pay for employees that have reached the maximum of a pay grade and are unlikely to move into higher grades.


A) longevity pay
B) merit pay
C) seniority-based pay
D) incentive pay

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