Some incentive programs apply to all the employees in a firm.Profits earned above a certain level are distributed to employees in this plan:
A) profit-sharing plan
B) gainsharing plan
C) pay-for-knowledge plan
D) none of the above

Question

Quizplus · Accepted Answer

The profit-sharing plan distributes a portion of the profits earned by the company above a certain level to all employees. This plan incentivizes employees to work towards the common goal of maximizing profits for the entire firm.

Some Incentive Programs Apply to All the Employees in a Firm.Profits