Which gain-sharing plan requires that management has access to historical data so as to be able to calculate a so-called "normal labour cost"?

A) Rucker plan
B) family of measures plan
C) Scanlon plan
D) Improshare plan

Normal Labour Cost

The typical expenses associated with compensating employees, including wages, salaries, and benefits, under standard operational conditions.

Gain-Sharing Plan

A compensation strategy where employees receive financial bonuses based on improvements in the company’s performance, encouraging teamwork and efficiency.