Practicing Success
Practicing Success
CUET Preparation Today
| A and B work in a garment factory. B always earns a higher wage than A as he produces more units of output. Identify the type of financial incentive being adopted by the company. |
Perquisites Productivity linked wage incentives Profit sharing Co-partnership/ Stock option: |
| Productivity linked wage incentives |
| Productivity linked wage incentives: Several wage incentive plans aims at linking payment of wages to increase in productivity at individual or group level. |
