Question

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

Answer 1

Answer:

C  

profit sharing  

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