________ is a formula-based group incentive plan that uses improvements in group productivity from one period to another to determine the total amount of money allocated.
A) Merit-based pay plan
B) Piece-rate pay plan
C) Gainsharing
D) Profit-sharing
E) Employee stock ownership plan

Question

Quizplus · Accepted Answer

The description provided matches that of a gainsharing plan, which is a formula-based group incentive plan that allocates money based on improvements in group productivity from one period to the next. The other options do not match this description.

________ Is a Formula-Based Group Incentive Plan That Uses Improvements