Gainsharing Is a Variable-Pay Program That Is an Incentive Plan

question 114

Multiple Choice

Gainsharing is a variable-pay program that is an incentive plan for

• A)individuals, where improvements in an individual's productivity, from one period to another, determine the amount awarded.
• B)all employees of the company, where employees gain when the company gains market share.
• C)workplace groups or departments, where improvements in group productivity, from one period to another, determine the amount shared.
• D)all employees of the company, where every employee gains when the company increases productivity.
• E)individuals, where an individual who accomplishes specific goals, receives a percentage of company profit.

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Definitions:

Diary

A personal journal where individuals record their thoughts, feelings, and experiences.

Past Participle

A grammatical form of a verb used to indicate a past or completed action or condition, often ending in -ed or -en in English.

Rare Plant Species

Plant species that are uncommon or scarce in their natural habitat, often due to environmental changes or human activities.

Human Needs

Fundamental requirements necessary for individuals to sustain a healthy and adequate life, including physiological, safety, love/belonging, esteem, and self-actualization needs.