Which term below is one of the types of team and organization performance-based pay plans?
A) profit sharing
B) bonuses
C) merit pay
D) piece rate

Name: Which term below is one of the types of team and organization performance-based pay plans? A) profit sharing B) bonuses C) merit pay D) piece rate
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Question

Quizplus · Accepted Answer

Profit sharing is a type of performance-based pay plan where employees receive a share of the company's profits, aligning their interests with the organization's success.

Which Term Below Is One of the Types of Team