Gainsharing is an incentive plan that ________.
A) uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement
B) engages employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings gains shared among employees and the company
C) contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees
D) provides tax advantages for employees by deferring income taxes, often until the employee retires
Correct Answer:
Verified
Q77: Straight commission plans are attractive to high-performing
Q78: With which of the following can an
Q79: Using a straight salary to compensate salespeople
Q80: All of the following are advantages of
Q81: Which incentive plan is based on a
Q83: Tanner's employer puts a predetermined portion of
Q84: The Lincoln incentive system is an incentive
Q85: Studies suggest that ESOPs probably do lead
Q86: Competence in the Scanlon plan refers to
Q87: What percentage of large employers use some
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