Gainsharing is the system of_____.
A) treating all employees as equals irrespective of their productivity and the gains they bring
B) sharing with employees the gains in profits and productivity equally
C) rating employees on the basis of their productivity and the profits they bring
D) sharing with employees greater-than-expected gains in profits and productivity

Question

Quizplus · Accepted Answer

Gainsharing is a system where employees are given a share of the greater-than-expected gains in profits and productivity that they help to achieve. This system incentivizes employees to work towards maximizing profits and productivity, as they are rewarded for their efforts. Option A is incorrect because it does not reward employees based on their productivity. Option B is incorrect because it suggests that profits and productivity gains are shared equally among all employees. Option C is incorrect because it suggests that only high-rated employees are rewarded for their efforts.

Gainsharing Is the System Of_____