Asked by Jimmy Kanaya on Sep 23, 2024
Verified
As a bank teller, Diane realized there was a problem in how customers waited in line. She made a suggestion that reduced the average customer wait by two minutes, causing an increase in customer satisfaction. Diane received a special plaque from the president of the bank and a $200 check. This is an example of a(n) :
A) spot award
B) gainsharing award
C) Scanlon plan
D) Improshare plan
E) Third generation plan
Spot Award
A one-time recognition given to an employee for exceptional performance or a significant achievement.
Gainsharing Award
A type of incentive program where employees receive financial bonuses based on improvements in the company's performance, which they contributed to.
Scanlon Plan
A gain-sharing program designed to motivate employees to increase productivity through a shared benefits system where cost savings are passed on to employees.
- Recognize examples of various reward systems used in organizations.
Verified Answer
MH
Muhammad Haikal4 days ago
Final Answer :
A
Explanation :
This scenario describes the awarding of a spot award, which is a type of recognition program that rewards employees for a specific achievement or contribution, usually in the form of a tangible item or monetary prize.
Learning Objectives
- Recognize examples of various reward systems used in organizations.