Question: What is a main difference between gainsharing and profit sharing? gainsharing includes retirement options, whereas profit sharing never does gainsharing divides profits up to group

What is a main difference between gainsharing and profit sharing?

gainsharing includes retirement options, whereas profit sharing never does

gainsharing divides profits up to group members when an objective is met, whereas profit sharing provides a relatively consistent proportion of profit back to members

gainsharing entails partial ownership, whereas profit sharing entails complete ownership

profit sharing divides profits up to group members when an objective is met, whereas gainsharing provides a relatively consistent proportion of profit back to members

What is a main difference between gainsharing and profit sharing? gainsharing

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!

The Rubber Duck Brewing Company is a new microbrewery. Rubber Duck s brewing process converts beer raw ingredients malt extract, malted grain, adjuncts ( rice or corn ) , hops, yeast, and water into...

What is a main difference between gainsharing and profit sharing? gainsharing includes retirement options, whereas proft shating never does gainsharing divides profits up to group members when an...

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

i need question uploaded in last picture READING 5.1 The Greed Cycle: How Corporate America Went out of Control JOHN CASSIDY through accounting skulduggery that exag. In this essay, John Cassidy,...

412715RR Compensating Human Resources 1. If employees conclude that they're underrewarded, they're likely to make up the difference in three of the following ways. Which is not a way in which...

Chapter 9 Compensation and Incentives Diane Bigda/Photodisc/Getty Images Learning Objectives After reading this chapter, you should be able to do the following: Discuss various psychological...

I have a question on Profitability ratios based on a financial statement. Please open the attachments below. INDEPENDENT AUDITORS' REPORT TO PARLIAMENT AND THE SHAREHOLDER OF SOUTH AFRICAN AIRWAYS...

I have a question on Solvency ratios based on a financial statement. Please open the attachments below. INDEPENDENT AUDITORS' REPORT TO PARLIAMENT AND THE SHAREHOLDER OF SOUTH AFRICAN AIRWAYS SOC...

I have a question on Liquidity ratios based on a financial statement. Please open the attachments below. INDEPENDENT AUDITORS' REPORT TO PARLIAMENT AND THE SHAREHOLDER OF SOUTH AFRICAN AIRWAYS SOC...

I want a summary for the strengths and weaknesses for each type of reward system. Performance-Based Pay Systems Organizations have devised many ways of linking pay to performance,44 making it the...

Q1. review case study #1 Understanding Your Employee Benefits: Investing in your Retirement found on page 123 of your textbook. Please post your answers to the two questions found at the end of the...

If a and b denote the vectors OA and OB, indicate on the same diagram the vectors OC and OD denoted by a+ b and a - b. Draw on another diagram the vector OE denoted by a +2b. ABCD is a square and P,...

Where would each of the following items most likely be reported in a companys financial statements? Assume the monetary amount of each item is material and the company uses a periodic inventory...

1 0 - 4 1 . O 1 0 - 3 5 Adapted AICPA Simulation Items a through / represent possible errors and fraud that you suspect may be present at Rex Company. The accompar Auditing Procedures represents...

Please Solve This Case 10. The production and inventory managers of a ast growing manufacturer of outdoor clothing recognize that they need a better system for tracking orders and maintaining raw...