Question: Saved Help Save & Exit Se A multinational organization uses a gainsharing program in which employees receive a bonus if the ratio of labor costs

Saved
Help
Save & Exit
Se
A multinational organization uses a gainsharing program in which employees receive a bonus if the ratio of labor costs to the sales value of production is below a set standard. This incentive plan is representative of
Multiple Choice
a group bonus
merit pay
the Scanlon plan.
a piecework rate.
a team award.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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 General Management Questions!