What pay strategy requires employees or departments to establish performance targets, which, if exceeded, result in bonuses for all members?
A) Profit sharing
B) Bonus system
C) Salary
D) Gain sharing
E) Hourly wage system

Question

Quizplus · Accepted Answer

The pay strategy that requires employees or departments to establish performance targets, which, if exceeded, result in bonuses for all members is Gain sharing. This strategy aims to link employees' rewards to the performance of the organization or department, encouraging collaboration and teamwork to achieve common goals.

What Pay Strategy Requires Employees or Departments to Establish Performance