Kari is the VP of a mid-sized plant.Employees are able to see how their work affects the plant's performance.The corporation is relatively flat and the market for the product is quite stable.Which of the following would be the best choice of a pay-for-performance plan?
A) Individual-based pay
B) Merit-based pay
C) A gainsharing plan
D) A team-based plan

Question

Quizplus · Accepted Answer

A gainsharing plan would be the best choice for this scenario as it focuses on group performance and encourages employee collaboration and problem-solving. This would be especially effective in a relatively flat corporation where employees can directly see the impact of their work on the plant's performance. Individual-based pay or merit-based pay may not be as effective in promoting teamwork, and a team-based plan may not be necessary if there is already a culture of collaboration and communication among employees.

Kari Is the VP of a Mid-Sized Plant