Designing a performance pay plan

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You are thinking of designing a performance pay plan for your new found business. Perhaps, you think cash or current distribution profit sharing plans is best for your business. Write about the following:

What Is profit sharing?

What is a profit sharing plan?

Cash or current distribution profit sharing plans (what is cash or current distribution profit sharing plans and why is this beneficial for your business)?

List and explain advantages and disadvantages?

Name a company that uses profit sharing plan and explain their performance pay plan

Reference no: EM132799066

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