The Lincoln incentive system 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 many or all 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)involves the firm distributing total annual profits each year among employees based on their merit rating

Question

Quizplus · Accepted Answer

D)In one version of the Lincoln incentive system, first instituted at the Lincoln Electric Company of Ohio, employees work on a guaranteed piecework basis. The company distributes total annual profits each year among employees based on their merit rating.

The Lincoln Incentive System Is an Incentive Plan That ________