A(n)________ plan is an incentive plan that engages many or all employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings shared among employees and the company.
A) stock gain plan
B) merit pay plan
C) gainsharing
D) ESOP

Question

Quizplus · Accepted Answer

Gainsharing is an incentive plan that 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.

A(n)________ Plan Is an Incentive Plan That Engages Many or All