asked 32.4k views
2 votes
Meili's employer distributes checks at the end of each quarter, representing an equitable portion of 5 percent of the company's pretax profits for the previous quarter. These are ________checks.A. bonusB. pay for knowledgeC. profit sharingD. CorrectE. gainsharing

asked
User Shruthi
by
8.4k points

1 Answer

3 votes

Answer:

C

profit sharing

Step-by-step explanation:

Profit sharing refers to various incentive plans introduced by businesses that provide direct or indirect payments to employees that depend on company's profitability in addition to employees' regular salary and bonuses. In publicly traded companies these plans typically amount to allocation of shares to employees.

Source: Wikipedia

answered
User Jokul
by
8.5k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.