_____ 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

Profit-sharing programs distribute a portion of the company's profits to all employees at a predetermined rate. This allows employees to feel more invested in the success of the company and can encourage teamwork and collaboration. Merit pay plans reward individual performance, gain-sharing programs provide bonuses for achieving specific goals or improving performance, employee stock option plans offer employees the opportunity to purchase company shares, and piecework programs pay employees based on the number of units they produce.

_____ Distributes a Portion of the Company's Profits to All