Profit sharing refers to any procedure by which an employer pays employees
A)an incentive based on their merit.
B)an incentive based on labor cost savings.
C)a bonus based on the overall productivity of their particular work group.
D)current or deferred sums based on the organization's financial performance.

Question

Quizplus · Accepted Answer

Profit sharing refers to an employer paying employees current or deferred sums based on the organization's financial performance. This can be done through bonuses or other incentives based on the company's profits or earnings.

Profit Sharing Refers to Any Procedure by Which an Employer