When the manufacturing department cut waste by 10%, the organization paid each member of the department $500 (a portion of the savings) as a part of the organization's ________ program.

Question

Quizplus · Accepted Answer

The organization's program that paid each member of the manufacturing department a portion of the savings is a gainsharing program. Gainsharing is a type of incentive program where employees are rewarded for achieving specific goals or improving work processes that result in cost savings or increased productivity. The term "gainsharing" refers to sharing the gains or benefits of the improvement with the employees who helped achieve it. Therefore, option B, gainsharing, is the best choice.

When the Manufacturing Department Cut Waste by 10%, the Organization