The city of College Station, Texas has implemented a program to reward employees for finding ways to save money for the city through improved operations and innovations. The city government is using .
A) hourly wages
B) gainsharing
C) piecework pay
D) retained earnings
E) skill-based pay

Question

Quizplus · Accepted Answer

Gainsharing is a type of incentive program in which employees receive a share of the cost savings or profit generated from their cost-saving ideas and suggestions. This is exactly what the city of College Station is doing. They are rewarding employees for their innovative ideas to save money for the city.

The City of College Station, Texas Has Implemented a Program