You have been tasked with providing management with a list of factors distinguishing goal-sharing plans from gain-sharing plans.Which of the following should NOT be included in your list?
A) Both have lost popularity in recent years.
B) Goal-sharing plans typically include several levels of attainment.
C) Goal-sharing plans quantify cost savings and then share those benefits with both employees and the company using a fixed formula.
D) Both require that management identify the group participating in the plan.

Question

Quizplus · Accepted Answer

Goal-sharing plans do not typically focus on quantifying cost savings and sharing them using a fixed formula; this is characteristic of gain-sharing plans.

You Have Been Tasked with Providing Management with a List