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    Question

    A gainsharing program in which employees share in

    pre-established cost savings, based upon employee effort, is called?
    A Incentive Plan Correct Answer Incorrect Answer
    B Share and divide plan Correct Answer Incorrect Answer
    C Scanlon plan Correct Answer Incorrect Answer
    D Management programme Correct Answer Incorrect Answer
    E Work profit plan Correct Answer Incorrect Answer

    Solution

    The Scanlon plan has been successfully used by a variety of public and private companies for many decades. These plans combine leadership, total workforce education, and widespread employee participation with a reward system linked to d/or organization performance.

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