Question: is best described as a compensation methods in which an organization seeks higher levels of performance through the involvement and participation of its people. As
is best described as a compensation methods in which an organization seeks higher levels of performance through the involvement and participation of its people. As performance improves, savings are shared with the employees that are responsible for producing the results. It is a team reward approach and generally all the employees at a site are included.
Gainsharing
Stock option pay
Piecerate system
Commission
Employee stock ownership
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