Profit sharing is best used in small to medium-sized firms,while gainsharing works in any size company.

Question

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Profit sharing can benefit small to medium-sized firms more as it allows them to offer competitive compensation to employees without increasing fixed costs. Gainsharing, on the other hand, can work in any size company as it focuses on improving productivity and efficiency. However, both methods can be tailored to suit the specific needs and goals of any organization.

Profit Sharing Is Best Used in Small to Medium-Sized Firms,while