Which of the following is an incentive program in which employees receive a bonus if the firm's costs are reduced because of their greater efficiency and/or productivity?
A)Profit-sharing plan
B)Efficiency improvement plan
C)Gainsharing plan
D)Cost reduction bonus plan
E)Expense savings plan

Question

Quizplus · Accepted Answer

A gainsharing plan is an incentive program where employees receive bonuses based on the company's cost savings resulting from improved efficiency and productivity.

Which of the Following Is an Incentive Program in Which