All of the following statements about profit-sharing are true EXCEPT:
A) profit sharing is somewhat similar to gain sharing.
B) profit sharing rewards individuals according to some measure of organizational performance.
C) profit sharing plans do not reward employees for specific productivity gains.
D) profit sharing plans reward employees based on overall organizational profits.
E) profit sharing plans have no criticisms.

Question

Quizplus · Accepted Answer

Profit sharing plans have faced various criticisms, such as being biased towards higher-level employees, lacking transparency, and not actually motivating employees to increase productivity.

All of the Following Statements About Profit-Sharing Are True EXCEPT