Question: How can gain - sharing, as a short - term incentive, be described? Group of answer choices a ) It involves employees earning a percentage
How can gainsharing, as a shortterm incentive, be described?
Group of answer choices
a It involves employees earning a percentage of what they sell, depending on the average lead time and difficulty of making the sale
b Group performance, in the form of increased productivity and resources saved by an individual or team, are returned to the group in some manner
c It is an organisationwide payperformance scheme that makes use of a formula to allocate pro rata portions of declared organisational profits to employees
d The incentive revolves around targets being set for employees, and the bonuses are usually large and meaningful to motivate employees
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
