The Scanlon and Rucker plans for gain sharing are based on the principle that:
A) individuals can evaluate ideas better than committees
B) employees are more likely to make suggestions when the suggestion system is informal
C) management should adopt a philosophy of employee participation
D) employees should not be made to participate in gain sharing unless they want to
E) management takes responsibility for implementing all change and employees do the actual implementation; that way both are rewarded through gain sharing
Correct Answer:
Verified
Q53: Broad-based stock option plans
A) are easy to
Q54: When compared to merit pay, incentives tied
Q55: Deferred distribution plans:
A) are types of gain-sharing
Q56: Gain-sharing plans are premised on the assumption
Q57: Current distribution plans:
A) place earnings in an
Q59: In setting up a combined payment plan
Q60: The Scanlon Plan
A) is appropriate for use
Q61: A requirement of implementing a pay for
Q62: How is the base pay set when
Q63: By paying for performance, a company signals
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