In this organization-based compensation approach, employees tend to be rewarded on a regular basis according to an established performance measure, such as monthly level of work unit productivity.
A)Gain Sharing
B)Profit Sharing
C)Merit Pay
D)Individual Incentive Pay

Question

Quizplus · Accepted Answer

Gain Sharing is a compensation strategy where employees are rewarded based on the performance of their work unit or the organization as a whole, often through measures like productivity, which fits the description provided.

In This Organization-Based Compensation Approach, Employees Tend to Be Rewarded