Examlex
The present number of countries and territories in the world is around
Gain-Sharing Plan
A program designed to increase productivity and performance through shared rewards when specific company goals are achieved.
Labour Costs
The total expenses incurred by employers for the payment of wages, benefits, and taxes associated with the employment of labor.
Work-Related Accidents
Incidents that occur in the course of employment, leading to physical or mental injury.
Scanlon Plan
A type of gain-sharing program that rewards employees for contributions to productivity improvements through cost savings, emphasizing teamwork and participation.
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