The _____ plan motivates employees to propose and implement cost-cutting strategies because a percentage of the cost savings achieved during the specified time is distributed to the employees.
A)commission
B)equity
C)piece-rate
D)stock option
E)Scanlon

Question

Quizplus · Accepted Answer

The Scanlon plan focuses on reducing expenses or cutting costs; members of an organization are motivated to come up with and implement cost-cutting strategies because a percentage of the cost savings achieved during a specified time is distributed to the employees.

The _____ Plan Motivates Employees to Propose and Implement Cost-Cutting