What Pay Plan Is Associated with High Training Costs

question 145

Multiple Choice

What pay plan is associated with high training costs?

• A)Gain-sharing
• B)Scanlon plan
• C)Profit-sharing
• D)Skill-based pay
• E)ESOPs

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Definitions:

Social Relations

Concerns the network of relationships and interactions among individuals and groups within a society, affecting social behavior and cultural norms.

Needs Sensitivity

The ability to perceive and respond appropriately to the needs and concerns of others.

Good Social

Refers to the use of social platforms and practices that promote positive, meaningful, and responsible interactions among individuals and communities.

Servant Leadership

A leadership philosophy characterized by the desire to serve others first, focusing on the growth and well-being of communities and people.