Question

When a company offers additional compensation based on the contingency of certain goals being met by individual employees, this is referred to as

A. profit sharing.
B. a bonus.
C. a stock option.
D. a fringe benefit.
E. a piecework system.
F. a salary.

Answer 1

The correct answer is a bonus. When a company offers additional compensation based on the contingency of certain goals being met by individual employees, it is referred to as a bonus. Bonuses are additional payments or rewards given to employees based on their performance or the achievement of specific targets or goals. The correct answer is B. a bonus.

Step-by-step explanation:

When a company offers additional compensation based on the contingency of certain goals being met by individual employees, it is referred to as a bonus. Bonuses are additional payments or rewards given to employees based on their performance or the achievement of specific targets or goals.

For example, a company may offer a year-end bonus to employees if they meet or exceed their sales targets for the year. This encourages employees to work hard and achieve their goals, while also rewarding them for their efforts. Therefore, The correct answer is B. a bonus.