A plan, offering a 75% base salary along with 25% incentives is classified as _________?
Correct answer: B. combination plan
- A. non commission plan
- B. combination plan
- C. competitive plan
- D. noncompetitive plan
Explanation
A combination plan mixes fixed salary with variable incentive pay. Since this plan provides 75% salary and 25% incentives, it fits that classification.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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