The most prevalent forms of organization-wide incentives are piece-rate systems, sales commissions, and individual bonuses. ans: fpts: 1dif: easyobj: lo: 12-01nat: busprog: analytictop: variable pay: incentive for performancekey: bloom's: knowledge

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Explanation:

The most prevalent forms of organization-wide incentives are profit sharing and employee stock.

Variable Pay: It is basically a financial reward or incentive given to the employee based on his performance.

There are 3 types of variable pay:

1. Individual Incentive

Reward given to an individual for his outstanding performance. The most common forms include piece-rate systems, sales commissions, and individual bonuses.

2. Group/Team Incentive

Reward given to a group or team working together. The most common forms include gain-sharing and project bonuses

3. Organization Incentive

Reward given to all based on the performance of the organization. The most common forms include profit sharing and employee stock

Organizational incentives given to the employees are usually calculated as a percentage of their basic pay.

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