Working as a human resources compensation specialist for a manufacturing company,you become concerned employees will attempt to reduce labour costs "by any means" so as to enhance available bonuses via the company's gain-sharing plan.This behaviour may potentially lead to more work-related accidents or dissatisfied customers.What would you do to mitigate this reduction in labour costs due to "by any means" mentality?
A) Expand the pool.
B) Introduce a modifier.
C) Use a Scanlon plan.
D) Introduce a "top hat" program.

Question

Quizplus · Accepted Answer

Introducing a modifier can help mitigate the reduction in labor costs due to a "by any means" mentality by adjusting the gain-sharing formula to account for factors such as safety and customer satisfaction. This ensures that employees are incentivized to not only reduce costs but also maintain high standards of quality and safety.

Working as a Human Resources Compensation Specialist for a Manufacturing