Asked by Heather Marie on Jul 07, 2024

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Organizations that want employees to focus on efficiency and on group incentives are most likely to implement a ________ program.

A) gainsharing
B) standard hour
C) bonus
D) commission
E) piece rate pay

Gainsharing

A compensation strategy where employees receive benefits from improvements in the company's performance, such as increased productivity or cost savings.

  • Appreciate the impact of incentive plans on employee motivation and organizational success.
  • Identify the factors necessary for the success of group incentive programs like gainsharing.
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Verified Answer

AM
Adrian MonteroJul 13, 2024
Final Answer :
A
Explanation :
Gainsharing programs are specifically designed to incentivize group performance and efficiency, and are often used in manufacturing or other team-oriented work environments where production output can be easily measured. Standard hour, bonus, commission, and piece rate pay programs are more individually focused and may not provide the same level of group incentive.