Jeff works for Green Grass Mowing Company. He is paid a fixed amount for each lawn he completes during the day.In addition to mowing lawns, Green Grass Mowing Company offers its customers a fertilization treatment for an additional cost.For every fertilization treatment Jeff secures, he receives an additional 7 in pay. Which two forms of compensation does Jeff receive for his work? 0000 Equity Piece work Hourly Commission

Question

Jeff works for Green Grass Mowing Company. He is paid a fixed amount for each lawn he completes during the day.In addition to mowing lawns, Green Grass Mowing Company offers its customers a fertilization treatment for an additional cost.For every fertilization treatment Jeff secures, he receives an additional 7 in pay. Which two forms of compensation does Jeff receive for his work? 0000 Equity Piece work Hourly Commission

Answer 1

Piece work, Commission

Answer 2

Based on the given scenario, we can classify the two forms of compensation Jeff receives for his work. The first one is called 'Piece work'. Under the piece work system, employees are paid for each unit of their output. In Jeff's case, he receives a certain fixed amount for each lawn he mows. The second type of compensation Jeff gets is a 'Commission,' wherein workers are paid an extra amount based on performance– in Jeff's case, for every fertilization treatment he secures. 'Hourly' pay is ruled out since it's not mentioned that Jeff is paid per hour worked. And 'Equity' implies ownership stake in the business, which is also not implied in the information given.

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