A compensation device through which workers receive part of their pay in the form of share of their employer's profit___________________?
Correct answer: A. Profit sharing plan
- A. Profit sharing plan
- B. Labour saving scheme
- C. Labour laws
- D. Profit maximizing plan
Explanation
A profit-sharing plan gives employees a portion of the firm's profits in addition to or instead of fixed wages. Labour-saving schemes concern production methods, not employee compensation.
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