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In One Kind of Gainsharing Program, Savings from Productivity Improvement

question 98

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In one kind of gainsharing program, savings from productivity improvement in the number of work hours for a given number of units produced are shared between the company and the employees. Which of the following is the name of the program?


Definitions:

Inherited Properties

Attributes, possessions, or genetic traits transmitted from parents to their offspring through genes or by legal means after death.

Federal Minimum Wage

The lowest hourly wage that employers can legally pay their workers as mandated by the U.S. federal government.

Redlining

Discriminatory practice by banks or other financial institutions of denying or limiting financial services to certain neighborhoods based on racial or ethnic composition.

Minority Neighborhoods

Urban areas predominantly inhabited by members of racial or ethnic minority groups, often shaped by historical, social, and economic factors.

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