A firm sets up a low level of salary but offers to share a percentage of its profits at the end of the year.What is this called?
A)Bonus
B)Profit sharing
C)Salary
D)Bonus plus

Name: A firm sets up a low level of salary but offers to share a percentage of its profits at the end of the year.What is this called? A)Bonus B)Profit sharing C)Salary D)Bonus plus
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Question

Quizplus · Accepted Answer

This is called profit sharing. Instead of a high salary, the firm is offering to share its profits with its employees at the end of the year.

A Firm Sets Up a Low Level of Salary but Offers