A _____ has a set dollar amount that employees will receive at the end of their careers at the organization.
A) straight commission plan
B) profit-sharing plan
C) spot bonus plan
D) stock option plan
E) pension plan

Question

Quizplus · Accepted Answer

This statement describes a pension plan, which is a retirement plan that sets a specific dollar amount to be paid to employees at the end of their careers with the organization. The other options listed involve different forms of compensation or bonuses, but do not guarantee a set retirement benefit.

A _____ Has a Set Dollar Amount That Employees Will