Which of the following is an increment to base pay in recognition of past work behaviou Multiple Choice wage differential relational returns cost-of-living adjustments merit Increase

Question

Which of the following is an increment to base pay in recognition of past work behaviou Multiple Choice wage differential relational returns cost-of-living adjustments merit Increase

Answer 1

###D. Merit Increase

Answer 2

##Step 1: Defining Merit Increase###A merit increase is a raise in pay based on an employee's performance. It recognizes and rewards past contributions and achievements.##Step 2: Analyzing Other Options###Wage differential: Relates to differences in pay due to factors like job location, working conditions, or skill level, not past performance.###Relational returns: Refer to non-monetary benefits derived from the work environment, such as positive relationships or a sense of belonging.###Cost-of-living adjustments (COLA): Adjustments to pay designed to offset the impact of inflation and maintain purchasing power, not related to individual performance.#

Question

Which of the following is an increment to base pay in recognition of past work behaviou Multiple Choice wage differential relational returns cost-of-living adjustments merit Increase

Solution

Answer

Explanation