Nancy's employer distributes checks at the end of each quarter,representing an equitable portion of 5 percent of the company's pretax profits for the previous period.These checks represent

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The checks that Nancy's employer distributes represent a portion of the company's pretax profits for the previous period, which is known as profit sharing. Profit sharing is a type of variable pay arrangement in which a portion of an organization's profits is paid out to employees as a form of compensation. It is intended to provide employees with a sense of ownership in the organization's success and incentivize them to work harder and more efficiently.

Nancy's Employer Distributes Checks at the End of Each Quarter,representing