Which of the following are the benefits of gainsharing programs?
Each correct answer represents a complete solution. Choose all that apply.
Which of the following are the benefits of gainsharing programs?
Each correct answer represents a complete solution. Choose all that apply.
The benefits of gainsharing programs include aligning employees to organizational goals, helping the organization achieve improvement in key performance measures, and enhancing the focus and awareness of employees. Additionally, employees in gainsharing programs are paid on the basis of group performance rather than individual performance. This promotes collaboration and teamwork, as all employees have a shared interest in the organization's success. Thus, all four options (A, B, C, and D) are correct.
Yes, I agree. with both you and the material. I believe what the material is trying to outline is that some members of the group work harder than others, which can be a downfall because profits are shared as a group.
Everything I have read shows that gainsharing is a "group" incentive and not an individual incentive. Not sure what "D" isn't included in the answer?