Group incentive plans include:
A) Standard hour plan
B) Improshare
C) Stock options
D) Sales incentives

Question

Quizplus · Accepted Answer

Improshare (also known as gainsharing) is a group incentive plan where a portion of the cost savings or productivity gains achieved by a work group are returned to the employees in the form of a bonus. This encourages collaboration among the employees to work towards a common goal, leading to increased productivity and more efficient use of resources. The other options listed are also types of incentives, but do not necessarily promote group collaboration and productivity in the same way that Improshare does.

Group Incentive Plans Include