Incentive Plans: Gainsharing

Topics:
Compensation Guide
Tags:
Gains,
HR Guide,
Human Resources,
Incentive,
Worker
Source:
HR Guide

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Overview: Gain sharing is a technique that compensates workers based on improvements in the company's productivity. Workers voluntarily participate in management to accept responsibility for major reforms. This type of pay is based on factors directly under a worker’s control. Gains are measured and distributions are made frequently through a predetermined formula. Read the article to know the advantages, disadvantages and tips for gain sharing.

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Format: HTML | Size: 5KB | Date: Jan 1999 | Pages: 1

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