Which of the following incentive plans would enable its employees to think like owners,taking a broad view of what they need to do in order to make the organization more effective?
A) Merit pay
B) Gain sharing
C) The Scanlon plan
D) Performance bonuses
E) Profit sharing

Question

Quizplus · Accepted Answer

Profit sharing is an incentive-pay in which payments are a percentage of the organization's profits and do not become part of the employees' base salary. Organizations use profit sharing may encourage employees to think more like owners, taking a broad view of what they need to do in order to make the organization more effective.

Which of the Following Incentive Plans Would Enable Its Employees