An incentive plan that sets aside some portion of company profits and distributes it among employees, usually at the end of the fiscal year is referred to as
A) a piece-rate wage plan.
B) gainsharing.
C) profit sharing.
D) overtime.

Question

Quizplus · Accepted Answer

Profit sharing is a plan where a portion of company profits is distributed to employees, typically at the end of the fiscal year, as an incentive.

An Incentive Plan That Sets Aside Some Portion of Company