A type of organization-wide incentive plan that engages many or all employees in a common effort to achieve a company's productivity objectives by sharing the resulting cost savings among employees and the company is referred to as a
gainsharing plan.
common incentive plan.
productivity plan.
profit-sharing plan.
cost savings plan.
Correct Answer:
Verified
Q42: An advantage of using rate ranges for
Q61: A type of organization-wide incentive plan which
Q62: Untac Inc., a consulting engineering firm, has
Q66: There are several specific common-sense considerations in
Q66: Identify the four major compensable factors used
Q70: Dominique has just been hired as the
Q82: With skill/competency-based pay, employees are paid for
Q84: Skill/competency-based and market-based pay entirely eliminates the
Q86: Most employers pay just one pay rate
Q87: Identify and briefly describe the five components
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents