The 'piecework' pay plan is often called _______?
Correct answer: A. individual pay plan
- A. individual pay plan
- B. group pay plan
- C. extrinsic rewards
- D. intrinsic rewards
Explanation
Piecework pays an individual according to the number of units produced or tasks completed, so it is commonly treated as an individual pay plan. A group plan would base payment on team output instead.
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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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