What term refers to a payment in addition to the basic wage for reaching targets or in recognition for service?

What term refers to a payment in addition to the basic wage for reaching targets or in recognition for service?

• A. Subordinates
• B. Consultation
• C. Bonus
• D. Commission

Answer: (C)

This question tests understanding of extra pay given beyond the basic wage as a reward. Such additional pay is a bonus. It’s typically awarded for meeting targets (a performance bonus) or as recognition for service, making it a flexible incentive that isn’t tied to a specific sales figure. Subordinates relate to people in a hierarchy, not a form of pay. Consultation is about seeking advice or discussion, not a payment. Commission is a variable pay tied specifically to sales or performance linked to selling activities, rather than a general reward for targets or service; bonuses cover those broader incentives.

This question tests understanding of extra pay given beyond the basic wage as a reward. Such additional pay is a bonus. It’s typically awarded for meeting targets (a performance bonus) or as recognition for service, making it a flexible incentive that isn’t tied to a specific sales figure.

Subordinates relate to people in a hierarchy, not a form of pay. Consultation is about seeking advice or discussion, not a payment. Commission is a variable pay tied specifically to sales or performance linked to selling activities, rather than a general reward for targets or service; bonuses cover those broader incentives.