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Additional pay given for attaining a specific goal is called what?
ABase pay fixed by the job level
BUnemployment compensation
CA cost-of-living adjustment
DIncentive pay for the goal
Answer & Solution
Correct answer: D. Incentive pay for the goal
1. Incentive pay is additional pay for attaining a specific goal.
2. Commissions, bonuses, and profit shares are all incentive pay arrangements.
3. Base pay is received regardless of any goal, so it is the opposite arrangement.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 8 "Managing Human Resources and Labor Relations", section Key Terms_
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