Examlex

Solved

How Can the Gaps Between What Managers Think Employees Feel

question 87

Multiple Choice

How can the gaps between what managers think employees feel and what employees really feel be reduced?


Definitions:

Gainsharing Plan

A performance-related pay strategy designed to involve employees in improving productivity through sharing the resultant financial gains.

Profit Sharing Plan

A benefit plan where employees receive a portion of the company's profits, typically in the form of annual bonuses, aligning their interests with the financial success of the organization.

Piece Rate

A pay plan in which workers are paid a fixed sum for each unit of production completed.

Individual-Level

Pertaining to or focusing on actions, reactions, or impacts on a single person, as opposed to groups or organizations.

Related Questions