An incentive system that gives a portion of the profit resulting from process improvements to throughput, quality, cycle time, etc., to the workforce is called:
A) Intrinsic motivation.
B) Gain-sharing.
C) A negative ratchet.
D) A share-based compensation system.

Question

Quizplus · Accepted Answer

Gain-sharing is a system where employees receive financial benefits from the improvements in productivity, quality, or efficiency they contribute to, aligning their interests with the company's performance.

An Incentive System That Gives a Portion of the Profit