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gabriella salmeron
on Oct 17, 2024

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According to the Change Competency: Nucor's Profit-Sharing Program,bonuses are paid based on:

A) time spent working
B) tons of steel produced by a team
C) the quality and tons of steel produced and shipped by a team
D) seniority

Profit-Sharing Program

An incentive scheme whereby employees receive a share of the company’s profits, usually in addition to their regular salary.

Tons

A unit of weight equivalent to 2,000 pounds in the United States (short ton) or 2,240 pounds in the United Kingdom (long ton).

Quality

The standard of something as measured against other things of a similar kind; the degree of excellence of something.

  • Familiarize yourself with the traits and gains of multiple incentive strategies, such as flexible benefits plans and profit-sharing efforts.
  • Examine the link between motivational rewards and employee engagement, and its contribution to the financial success of a company.
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Kimberly SanchezOct 20, 2024
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