The Scanlon plan technically is not a profit-sharing plan,but rather a plan that shares with employees measurable savings in labor and production costs.

Question

Quizplus · Accepted Answer

The Scanlon plan is designed to encourage employees to work more efficiently by sharing with them measurable savings in labor and production costs. It is not a profit-sharing plan because it does not distribute profits to employees, but instead focuses on improving processes and reducing costs.

The Scanlon Plan Technically Is Not a Profit-Sharing Plan,but Rather