Which of the following distributes a portion of the company's profits to all employees at a predetermined rate?
A) Merit pay plan
B) Gain-sharing program
C) Profit-sharing program
D) Employee stock option plan
E) Piecework program

Question

Quizplus · Accepted Answer

A profit-sharing program distributes a portion of the company's profits to all employees at a predetermined rate. Merit pay plan is based on individual performance, gain-sharing program rewards employees for achieving specific goals, employee stock option plan provides employees with an opportunity to buy company stock, and piecework program pays workers for each unit produced.

Which of the Following Distributes a Portion of the Company's