In one kind of gainsharing program, the employees receive a bonus if the ratio of labour costs to the sales value of production is below a set standard. Which of the following is the name of the program?
A)Scanlon plan
B)Improshare
C)earnings-at-risk
D)Rucker plan

Question

Quizplus · Accepted Answer

The Scanlon plan is a type of gainsharing program where employees receive bonuses based on the ratio of labor costs to the sales value of production being below a predetermined standard.

In One Kind of Gainsharing Program, the Employees Receive a Bonus