What's the overarching philosophy of gainsharing plans?
A) Gains that are shared with employees will multiply over time.
B) Involved employees will improve productivity through more effective use of organizational resources.
C) Organizations need to pay employees more.
D) Individual incentives are motivational.

Question

Quizplus · Accepted Answer

Gainsharing plans are based on the philosophy that involving employees in the process and giving them a stake in the company's success will lead to improved productivity through more effective use of resources.

What's the Overarching Philosophy of Gainsharing Plans