Which of the following is a compensation program that would best support an organizational culture of cooperation and problem solving?
A)Fixed pay
B)Merit pay
C)Gainsharing
D)Incentive pay
E)Skill-based pay

Question

Quizplus · Accepted Answer

Gainsharing is a compensation program that rewards employees for working together and solving problems as a team. It encourages cooperation and collaboration among employees to achieve a common goal, which supports a culture of teamwork and problem-solving. Fixed pay, merit pay, and skill-based pay do not have the same level of collaborative incentives, and incentive pay can sometimes result in competition rather than cooperation among employees.

Which of the Following Is a Compensation Program That Would