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 ____.

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:

  1. Paying field laborers for the amount of fruit they pick is piece - rate compensation as workers are paid based on the quantity of output they produce.
  2. An employee who receives a set amount of pay each month without overtime compensation is a salaried employee. Salaried employees get a fixed amount regardless of hours worked above a standard work - week.
  3. Employees most affected by minimum wage laws are compensated by the hour. Minimum wage laws set a floor on the hourly rate employers must pay.
  4. An employee who is paid a percentage of a sale is paid by commission. Commission - based pay is common in sales roles to incentivize employees to increase sales.

Answer:

  1. Piece - rate
  2. Salaried
  3. By the hour
  4. Commission