Gain-sharing plans are premised on the assumption that:
A)all employees deserve to be rewarded
B)it is possible to reduce costs by eliminating wasted materials and labor,developing new or better products,or working smarter
C)if top management is highly motivated to succeed,then the organization will naturally follow suit
D)performance-based pay must be closely linked with organizational strategy for the pay system to be effective
E)positive reinforcement is superior to negative reinforcement

Question

Quizplus · Accepted Answer

Gain-sharing plans are designed to incentivize employees to reduce unnecessary costs and improve efficiency in order to increase profitability for the organization. Therefore, the assumption underlying gain-sharing plans is that it is possible to reduce costs by eliminating wasted materials and labor, developing new or better products, or working smarter.

Gain-Sharing Plans Are Premised on the Assumption That