Management and labour share the labour cost reductions in which of these compensation schemes?
A) bonus system
B) quota system
C) Scantron plan
D) Scanlon plan
E) measured day work plan

Question

Quizplus · Accepted Answer

The Scanlon plan is a compensation scheme where management and labor share in the labor cost reductions. The plan is designed to encourage employees to generate cost-saving ideas and to increase efficiency. Under this plan, a predetermined percentage of the cost savings is shared between employees and management.

Management and Labour Share the Labour Cost Reductions in Which