An advantage of the ________ plan is that benefits accrue to groups of workers, high-performing workers pressure weaker performers to work harder, improving performance for the group as a whole.
A) gainsharing
B) skill-based pay
C) flexible benefits
D) profit-sharing
E) modular

Question

Quizplus · Accepted Answer

Gainsharing plans are designed to reward groups of employees for improvements in productivity, efficiency, and cost reduction. This plan motivates high-performing workers to work harder because the more they contribute to the success of the group, the more they will benefit from the plan. At the same time, weaker performers are also motivated to improve their performance to keep up with their colleagues, thereby improving the overall performance of the group.

An Advantage of the ________ Plan Is That Benefits Accrue