A multi-national organization uses a gainsharing program in which employees receive a bonus if the ratio of labor costs to the sales value of production is below a set standard.This incentive plan is referred to as the:
A) group bonus.
B) merit pay plan.
C) Scanlon plan.
D) piecework rate.
E) team award.

Question

Quizplus · Accepted Answer

Scanlon plan is a gainsharing program where employees receive a bonus if the ratio of labor costs to the sales value of production is below a set standard.

A Multi-National Organization Uses a Gainsharing Program in Which Employees