The Scanlon plan's major purposes are to reward both parties for productivity gains,encourage participation,and tie pay to company performance.

Question

Quizplus · Accepted Answer

The statement accurately reflects the major purposes of the Scanlon plan. The plan aims to incentivize employees to increase productivity and performance, while also allowing them to share in the rewards of those gains. Additionally, the plan seeks to promote employee engagement and collaboration, as well as to align employee pay with the company's overall success.

The Scanlon Plan's Major Purposes Are to Reward Both Parties