Which of the following statements about team compensation is generally true?
A) Gainsharing programs pay employees for learning additional skills or knowledge.
B) Skillbased pay works best in relatively stable environments where employees can focus on improving productivity, cost savings, or quality.
C) Skillbased pay programs tend to be most effective when teams or teambased interventions, such as total quality management, are first introduced.
D) Skillbased pay is more effective for selfdirecting teams performing complex tasks.
E) In skillbased pay programs, companies share the financial value of performance gains, such as productivity increases, cost savings, or quality improvements, with their workers.
Correct Answer:
Verified
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