Your company just started offering a profit-sharing plan, which could increase your total compensation by as much as 25%—if the company does well. This form of compensation is classified as:

Respuesta :

If your company just started offering a profit-sharing plan if the company does well. This form of compensation is classified as: Incentive.

What is incentive?

Incentive can be defined as the way of compensating  a person by giving the extra money so as to encourage the person.

Since the proft sharing plan  will tend to lead to increase in compensation by 25% in a situation where the company have increase in productivity. This is called incentive.

Therefore this form of compensation is classified as: Incentive.

Learn more about incentive here:https://brainly.com/question/8992482

ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE