Asked by Esther Sagoe on May 23, 2024
Verified
Which of the following is NOT an issue to be considered when designing a gain-sharing plan?
A) deciding on the split among employees
B) deciding on the share price
C) deciding on the frequency for payout
D) developing procedures for communicating results
Gain-sharing Plan
A program where employees receive additional financial compensation based on the company's performance, encouraging employees to work towards improving the company's productivity and efficiency.
Share Price
The cost of a single share of stock in a company, as traded on the stock market, reflecting the company's perceived value and investor demand.
Payout Frequency
The regular schedule at which employees receive their wages, such as weekly, bi-weekly, or monthly.
- Acquire knowledge about the diverse components and obstacles in the development of goal-sharing and gain-sharing strategies.
Verified Answer
Learning Objectives
- Acquire knowledge about the diverse components and obstacles in the development of goal-sharing and gain-sharing strategies.
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