Question: Distinguish profit-sharing from gain-sharing.

Distinguish profit-sharing from gain-sharing.

Step by Step Solution

★★★★★

3.48 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Gainsharing differs from profitsharing in three important ways which are ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Human Resource Management Questions!

Q:

1. In a partnership liquidation, the final cash distribution to the partners should be made in accordance with the: a. Partner profit and loss sharing ratios b. Balances of partner capital accounts...

Q:

Hoechst Celanese, a pharmaceutical manufacturer, has used a profit-sharing plan, the Hoechst Celanese Performance Sharing Plan, to motivate employees. To operationalize the plan, the Hoechst Celanese...

Q:

Compare and contrast profit sharing with gain sharing as employee performance incentives.

Q:

Reference: FOSSUM.. Labor Relations, 10th Edition. McGraw-Hill Learning Solutions, 2008. VitalBook file. Page 429Chapter Thirteen Union-Management Cooperation Many labor relations practices are...

Q:

What is the fundamental difference between profit-sharing and gainsharing? Select one: a. Profit-sharing rewards employees based on the profit the company earns, while gainsharing rewards employees...

Q:

What is the primary difference between profit - sharing and gain - sharing plans? Select one: a . Profit - sharing plans provide one - time payments based on performance accomplishr whereas gain -...

Q:

reward the sale of a product as opposed to the production of a product. a . Gainsharing plans b . Sales commissions c . Group pay - for - performance plans d . Profit - sharing plans 1 points...

Q:

Which of the following would typically not be offered by a small tech startup partnership that has just launched its operation? Which of the following would typically not be offered by a small tech...

Q:

Jane is a senior manager at Gadgetmania, Inc., a manufacturing company that produces innovative tools for the restaurant industry. She is responsible for the production department, which comprises a...

Q:

Profit - sharing or gain - sharing plans, including stock options, might a ) decrease future performance b ) decrease perceptual biases in the rating process c ) encourage unethical behavior d ) be...

Q:

Homogeneous Linear Equations with Constant Coefficients For each of the following differential equations, use the auxiliary equation to obtain the general solution of the differential equation. 1....

Q:

The Ploughman family has owned and operated a 640-acre farm for several generations. The family now needs to make a decision about the mix of livestock and crops for the coming year. By assuming that...

Q:

What are the defining characteristics of the post-1945 world economy?

Q:

4 How might a company identify savvy consumers?

Q:

Working in small groups, identify characteristics that would make an ADR program fair for both employees and employers.

Q:

Discuss the similarities and differences in these concepts: procedural justice, workplace due process, and ethical decisions about behavior.

Q:

What advice would you give to an executive who is about to negotiate an employment contract?

Q:

Eleven years ago, Chad invested $9,000. Six years ago, Allison invested $12,000. Today, both Chad's and Allison's investments are each worth $2,400. Assume that both Chad and Allison continue to earn...

Q:

which one has no correlation A B ... C D 45 minutes remaini

Q:

Bug Bastion Village, a student apartment complex, generates effective gross income of $26,000. Income tax savings are $12,500 (due to interest and depreciation expense, the owner's income tax...