gains sharing
Definition
Group pay-incentive plan designed to motivate employees in improving the productivity of their workgroup through more efficient use of resources (energy, labor, and materials). The resulting savings (gains) are shared among members of the group on the basis of a formula that measures improvements against past results or a benchmark. However, gains sharing does not normally achieve substantial improvements without participative management.
gains sharing is in the Accounting & Auditing and HR, Teams, & Training subjects.
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