Organisation-Wide Programs That Distribute Compensation Based on Some Established Formula

question 86

Multiple Choice

Organisation-wide programs that distribute compensation based on some established formula designed around a company's profitability are termed:

• A)gainsharing
• B)profit-sharing plans
• C)variable pay
• D)ESOPs

---

Definitions:

Privately Owned Businesses

Enterprises that are owned by individuals or a small group of partners and not publicly traded on the stock market, often characterized by private financing and decision-making.

Women Owned

refers to businesses or entities that are primarily controlled and owned by women.

Developmental Experience

Experiences or activities that contribute to an individual's professional growth, skill acquisition, or personal development.

Servant Leadership

A guiding principle in leadership that emphasizes serving as the leader's foremost aim, contrasting with the classic leadership model focused on ensuring the success of their company or organization.