Which of the following incentive reward systems distributes thecost savings resulting from a work team's suggestion among all employees in an organization?
A) Gainsharingplan
B) Scanlon plan
C) Merit-pay plan
D) Sales commission
E) Piece-rate plan

Question

Quizplus · Accepted Answer

The Scanlon plan is designed to encourage cooperation, involvement, and sharing of benefits among all employees through cost-saving measures. It involves distributing the savings generated from employees' suggestions for improving efficiency across the organization.

Which of the Following Incentive Reward Systems Distributes Thecost Savings