Examlex
Every few years psychologists restandardize IQ tests to maintain a constant mean and distribution. If they had not done so, what would have happened to the mean IQ score of the population?
Profit Sharing Plan
A compensation structure where employees receive a share of the company's profits, usually allocated as part of their annual income.
Scanlon
A participative management approach that focuses on employee involvement in problem solving and decision making related to productivity improvement and cost reduction.
Rucker Plans
A profit-sharing plan where employee pay is linked to the productivity or profitability of a company, encouraging increased worker output and company success.
Employee Participation
The involvement of employees in decision-making processes, planning, and aspects of their work environment to improve commitment and productivity.
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