Organisation-wide programs that distribute compensation based on some established formula designed around a company's profitability are called:
A)gainsharing.
B)profit-sharing plans.
C)variable pay.
D)ESOPs.

Question

Quizplus · Accepted Answer

Profit-sharing plans distribute compensation to employees based on the company's profitability. Gainsharing and variable pay are typically more focused on performance metrics rather than overall profitability, while ESOPs specifically involve employee ownership of the company through stock options.

Organisation-Wide Programs That Distribute Compensation Based on Some Established Formula