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What type of incentive pay rewards for the overall success of the company rather than individual achievements?

A. Performance Bonuses
B. Profit Sharing
C. Stock Options
D. Team-Based Incentives

User Anup Gupta
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1 Answer

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Final answer:

Profit Sharing is the incentive pay that rewards employees based on the company's overall success, rather than individual performance, leading to a shared interest in the business's profitability and potentially improving productivity.

Step-by-step explanation:

The type of incentive pay that rewards for the overall success of the company rather than individual achievements is B. Profit Sharing. With profit sharing, profits and earnings are distributed among employees, which means that employees directly benefit from the success of the business. This form of incentive is linked to the company's overall performance and profitability, which can lead to improved productivity as employees feel more invested in the company's success.

User Bram  Vanbilsen
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