Which of the Following Is NOT a Characteristic or Method

question 48

Multiple Choice

Which of the following is NOT a characteristic or method of paying out a profit sharing group incentive plan?

• A) The amount from the profit-sharing pool is distributed immediately.
• B) The amount from the profit-sharing pool is distributed annually.
• C) The amount from the escrow account is invested until employee retirement.
• D) The amount from the escrow account is increased by personal contributions from all the employees.

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Definitions:

Organizational Objectives

Specific, measurable goals that an organization seeks to achieve in order to fulfill its mission.

Job Satisfaction

The level of contentment a person feels regarding their job, which can affect their performance and overall well-being.

Organizational Strategy

A plan that outlines how a company intends to achieve its objectives and goals, focusing on the allocation of resources and capabilities to gain a competitive advantage.

Satisfaction with Pay

The level of contentment employees feel about their compensation in relation to their job responsibilities and market standards.