Gainsharing Plans Tend To

question 73

Multiple Choice

Gainsharing plans tend to:

• A) Increase efficiency without paying employees any financial reward
• B) Tie employee pay directly to company profits
• C) Create a reasonably strong effort-to-performance expectancy
• D) Reward individuals for their own personal performance rather than team or organisational performance

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Definitions:

Performance Appraisal

A systematic evaluation of an employee's work performance over a specific period of time.

Human Factors Psychologists

Psychologists who specialize in understanding how people interact with products and environments, aiming to improve usability, safety, and comfort.

Training Programs

Training programs are structured educational or skill development initiatives designed to enhance the abilities or knowledge of individuals within a specific area or profession.

Management Styles

Various approaches to overseeing and directing the work of others, often characterized by the manner of decision-making, leadership, and communication.