Gain sharing is not a viable plan to use if no valid historical benchmark can be set.

Name: Gain sharing is not a viable plan to use if no valid historical benchmark can be set.
Brand: Quizplus
Rating: 4.9 (30 reviews)

Question

Quizplus · Accepted Answer

The concept of gain sharing involves establishing a benchmark, measuring performance against it, and sharing the gains with employees. If there is no valid historical benchmark available, it becomes challenging to determine the gains and the share to distribute, making gain sharing a less effective plan.

Gain Sharing Is Not a Viable Plan to Use If