Which of the following is part of a robust incentive compensation system?

A robust incentive compensation system is designed to motivate and reward employees based on their performance and contribution to the organization. Profit-sharing plans are a crucial component of such a system as they align employees' financial interests with the overall success of the company. By providing employees with a stake in the company's profits, these plans encourage them to work towards achieving higher productivity and profitability. This creates a sense of ownership and increases engagement among employees.

In contrast, solely relying on base salary increases does not effectively incentivize performance, as it does not directly link compensation to the achievement of specific objectives or outcomes. Standard benefits packages, while important for employee satisfaction and retention, do not serve the specific purpose of driving performance and results, which is foundational to an effective incentive compensation system. Thus, profit-sharing plans stand out in this context as the element that directly promotes and rewards high performance and accountability.