Asked by Manisha Reddy on Jun 18, 2024

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To reduce failure when using a profit-sharing plan,you should do all of the following except:

A) Do not tell the employees the metrics that the program is measuring
B) Tie the program to the company's strategies
C) Give the program time to succeed.It takes two or three years for a program to
Change overall company performance.
D) Provide up-to-date information that allows employees to see how well they are
Performing against their goals

Profit-Sharing Plan

A company program that distributes a portion of its profits to its employees, typically in the form of bonuses or as part of retirement benefits.

Failure Reduction

The process of identifying, analyzing, and mitigating errors, flaws, or failures in a system or process to improve overall performance and reliability.

Metrics

Quantitative measures used to track and assess the status of specific processes, activities, or outcomes within an organization.

  • Comprehend techniques for increasing the success rates of profit-sharing initiatives.
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MH
Mehedi HasanJun 21, 2024
Final Answer :
A
Explanation :
Not telling employees the metrics being measured goes against transparency and can lead to confusion, mistrust, and resentment. Thus, it is not a recommended step to reduce failure in a profit-sharing plan.