complete each statement about business compensation structure by selecting the correct option from each drop…

complete each statement about business compensation structure by selecting the correct option from each drop - down list. note: you will receive partial credit for each correct selection. an example of ______ compensation is paying field laborers for the amount of fruit they pick. a ______ employee receives a set amount of pay each month without overtime compensation for extra hours worked. employees most affected by minimum wage laws are compensated ______. an employee who is paid a percentage of a sale is paid by ______.
Answer
Brief Explanations:
- Paying field - laborers for the amount of fruit they pick is piece - rate compensation as they are paid per unit of output (fruit picked).
- A salaried employee gets a fixed amount each month without overtime for extra hours.
- Minimum wage laws mainly affect hourly - paid employees as their pay is based on the number of hours worked and must meet the minimum wage requirements.
- An employee paid a percentage of a sale is paid by commission.
Answer:
- Piece - rate
- Salaried
- Hourly
- Commission