________ are/is where associates share in a portion of savings generated from employee suggestions in improvement.
A) Gain-sharing
B) Profit-sharing
C) Merit-sharing
D) Optimal incentives
E) Savings incentives

Question

Quizplus · Accepted Answer

Gain-sharing is a form of incentive compensation that rewards employees for improving organizational performance, typically by sharing a portion of the cost savings or productivity gains resulting from their suggestions or efforts. It emphasizes collaboration, teamwork, and continuous improvement, with the aim of aligning employee interests with those of the company and fostering a culture of innovation and engagement. Profit-sharing and merit-sharing are also forms of incentive compensation, but they are typically based on the company's overall financial performance or individual performance evaluations, rather than specific workplace improvements. Optimal and savings incentives are not commonly used terms in relation to employee incentives or compensation.

________ Are/is Where Associates Share in a Portion of Savings