Asked by Ferhat Butun on May 28, 2024

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From an employer's point of view,what is the most attractive feature of properly designed gain-sharing plans?

A) The plans are self-funding.
B) Positive work group norms develop.
C) The need for supervisory control is reduced.
D) Employees monitor each other's performance.

Gain-Sharing Plans

A performance-based compensation strategy where employees receive financial benefits from improvements in productivity, efficiency, or profitability within their work unit or organization.

Self-Funding

A method where an organization pays for its own health care costs rather than purchasing a conventional health insurance plan, often used to control costs.

  • Comprehend the motivational characteristics of assorted remuneration and incentive arrangements.
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Emily GuggenheimJun 02, 2024
Final Answer :
A
Explanation :
The most attractive feature of properly designed gain-sharing plans from an employer's point of view is that the plans are self-funding. This means that the rewards for increased productivity are paid for by the resulting cost savings or increased revenue, rather than directly from the company's budget. This makes gain-sharing plans a more sustainable and cost-effective option for incentivizing employee performance. Positive work group norms, reduced supervisory control, and employee monitoring of each other's performance are also benefits of gain-sharing plans, but they may not necessarily be the most attractive feature from an employer's perspective.