Which of the following incentive plans are specifically designed to promote group performance?
A) performance bonuses
B) gainsharing
C) standard hour plans
D) merit pay
E) commissions

Question

Quizplus · Accepted Answer

Gainsharing plans are specifically designed to promote group performance. Under a gainsharing plan, a portion of the cost savings or productivity gains that result from the group's efforts is shared with the group. This encourages employees to work together and take ownership of the group's performance. Performance bonuses, merit pay, standard hour plans, and commissions are all individual incentives.

Which of the Following Incentive Plans Are Specifically Designed to Promote