Question

as a new manager at a department store, you are excited to learn that you may receive a bonus if everyone in your department reaches their sales goals for the quarter. a bonus is considered which type of compensation?

Answer 1

A bonus given for reaching sales goals in a department store is considered incentive pay, which is a type of compensation that rewards employees for meeting specific performance objectives.

Step-by-step explanation:

In the context of compensation at a department store, a bonus earned for reaching sales goals is considered incentive pay. Incentive pay is a type of compensation designed to reward employees for achieving specific performance targets or for providing high quality services, which in this case, are the sales goals for the quarter. Just like the example of Manuel, the manager at the fast-food restaurant who works to earn a periodic bonus through a variable interval reinforcement schedule, a bonus in a retail setting functions as a motivator for employees to enhance their productivity and achieve set targets.