The Scanlon plan is an early version of a ________ plan,an incentive plan that engages employees in a common effort to achieve productivity objectives.
A) performance achievement
B) golden parachute
C) gainsharing
D) restricted stock
E) variable pay

Question

Quizplus · Accepted Answer

The Scanlon plan is a specific type of gainsharing plan, which is an incentive system that involves employees in improving productivity, efficiency, and cost-effectiveness. The Scanlon plan was developed by Joseph Scanlon to address economic and labor challenges in the 1930s and has since been used by organizations worldwide.

The Scanlon Plan Is an Early Version of a ________