Examlex
The decision structure that has two possible paths of execution is known as
Goal-Sharing Plans
Incentive plans that reward employees for reaching specific organizational goals, similar to gain-sharing but often broader in scope.
Gain Sharing
A performance-based compensation strategy that rewards employees for contributing to their company's success through increased efficiency or profitability.
Historical Benchmark
A reference point derived from historical data against which current performance or achievements can be measured or compared.
Gain-Sharing Plan
A performance-driven compensation strategy where employees receive bonuses based on the company's savings or gains from improved productivity.
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