A group performance-based pay plan is superior to an individual plan when production methods and labor mix must change to meet changing pressures.

Question

Quizplus · Accepted Answer

A group performance-based pay plan encourages collaboration and teamwork, which is especially important when changes need to be made in production methods or labor mix. It allows individuals to work together towards a common goal and promotes collective problem-solving. On the other hand, an individual plan can create an environment of competition and individualism, which can hinder the ability to adapt to changes quickly and efficiently.

A Group Performance-Based Pay Plan Is Superior to an Individual