An incentive plan where a portion of the bottom-line economic company profits is given to employees is called __________. An incentive plan that combines a measurement of productivity with a financial bonus related to any increases in organizational productivity is called __________.
A) job-based pay; skill-based pay
B) competency-based pay; productivity-based pay
C) profit sharing; gain sharing
D) bonus sharing; incentive pay

Question

Quizplus · Accepted Answer

Profit sharing refers to sharing a portion of the economic profits of the company with employees, while gain sharing combines productivity measurements with financial rewards tied to increases in organizational productivity. None of the other options match these descriptions accurately.

An Incentive Plan Where a Portion of the Bottom-Line Economic