Question

Homer's employer distributes an equal portion of 5% of the company's pretax profits to its employees...

Homer's employer distributes an equal portion of 5% of the company's pretax profits to its employees at the end of each quarter. This is known as ________. A. a bonus B. pay for knowledge C. pay for performance D. gainsharing E.profit sharing

Homework Answers

Answer #1

Ans- Homer's employer distributes an equal portion of 5% of the company's pretax profits to its employees at the end of each quarter. This is known as Pay for Performance.

As 5% of the company's pretax profit is distributed among the employees at the end of each quarter just as to confirm the best performance of employees. When Employee will be distributed with the equal share of profit at the end of each quarter obviously they will perform the best to get this share at the end of each quarter. So it is the way to motivate the employe for their best performance.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Your employer offers a 401k that you can invest in as an employee of the firm....
Your employer offers a 401k that you can invest in as an employee of the firm. If you put in 3% of your pre-tax income (listed in question 1.a.), your employer will match 3%. Assume you are offered a job with a salary of $40,000 and a bonus of 7.5% based on your performance during the year. If you receive your full bonus at the end of the year, what is your total (gross) pay for the year? 40,000 +...
Which of the following business events may not be recorded in a​ company's general​ ledger? A....
Which of the following business events may not be recorded in a​ company's general​ ledger? A. The company paid each of its employees a Christmas bonus. B. The company issued 100 shares of common stock. C. The company purchased two acres of land for future plant expansion. D. A lawsuit has been filed by one of the​ company's customers​ (against the​ company).
What is the answer to these Quastions? The performance effectiveness of employees is provided to them...
What is the answer to these Quastions? The performance effectiveness of employees is provided to them during the _______ process. a. Performance appraisal b. Achievement discrepancy c. Ability analysis d. Performance feedback e. a and d are correct From a(n)  ______________ standpoint, the effect on performance motivation may be limited in ownership program because of the less obvious link between pay and performance. a.   Agency theory b.   Equity theory c.   Efficiency wage theory d.   Reinforcement theory e.   Contract theory Prometheus Corp. is a large-scale manufacturer of...
Analyzing and Determining Liability Amounts For each of the following situations, indicate the liability amount, if...
Analyzing and Determining Liability Amounts For each of the following situations, indicate the liability amount, if any, that is reported on the balance sheet of Bloomington Inc. at December 31, 2016. Next to each situation, enter the liability amount reported on Bloomington's balance sheet. If the amount is not reported as a liability, enter zero as your answer. a. Bloomington owes $250,000 at year-end 2016 for inventory purchase. $____ b. Bloomington agreed to purchase a $31,000 drill press in January...
question 1 which of the following types of earnings are subject to the employer health tax...
question 1 which of the following types of earnings are subject to the employer health tax in ontario a) legislated wages in lieu of notice b) retiring allowance c) pension payments d) all of the above question 2 Teresa drove a company car 15,000 personal kilometres in 2019. the total kilometres driven for the year were 25,000 kilometres. the actual operating cost for this automoblie were $ 868.00, including taxes. what would Teresa's portion of these operating cost be if...
Which of the following actions could a company's owners use to reduce its leverage? Select all...
Which of the following actions could a company's owners use to reduce its leverage? Select all that apply. A) Raise additional equity capital. B) A co-owner sells all his shares in Comfy Home to another co-owner. C) Sell PP&E at book value and use the cash to pay off creditors. D) Pay off long-term debt. E) Increase net profits (and thereby retained earnings). F) Use short-term debt to pay off long-term loans.
1) An organization rewards good performances by its employees by offering them paid sabbaticals. This is...
1) An organization rewards good performances by its employees by offering them paid sabbaticals. This is an example of: a) work incentive. b) work performance. c) employee turnover. d) equal opportunity requirements. e) projected performance. 2) The Dalai Lama has no overt base of power. He holds no political position, does not command an army and has no control over mighty economic resources. Yet the Tibetans listen to him and follow his vision of what their world should be like....
1. Bob Brooks works a 37.5 hour week and his salary is $806.25. He and his...
1. Bob Brooks works a 37.5 hour week and his salary is $806.25. He and his employer agreed his salary covers all hours worked up to 40. This week, Brooks worked 43 hours. Brooks' . gross pay for the week is: a. $903.00 b. $806.25 c. $987.66 d. $1,038.75 2. There are a number of options for calculating overtime for an employee that works at more than one pay rate. Which of the following is not one of the methods?...
Dolce Co. estimates its sales at​ 180,000 units in the first​ quarter, 198,000 units in the...
Dolce Co. estimates its sales at​ 180,000 units in the first​ quarter, 198,000 units in the second​ quarter, 216,000 units in the third​ quarter, and ​ 234,000 units in the fourth quarter. They​ have, and​ desire, a​ 25% ending inventory of finished goods. Each unit sells for​ $25. 40% of the sales are for cash.​ 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Accounts Receivable at the end of the...
Smyth Company pays its employees every Friday for a 5-day workweek (Monday through Friday). The employees...
Smyth Company pays its employees every Friday for a 5-day workweek (Monday through Friday). The employees earn $5,000 per day of work. The most recent workweek began on Monday, October 6, 2005. The accounting period ends on Thursday October 9, 2005, and the company will issue paychecks totalling $25,000 on Friday, October 10, 2005. The entry into the journal of Billie Smyth Company on Thursday, October 9, 2005 would include a: A. Debit to wages expense for $25,000. B. Debit...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT