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A common problem associated with gainsharing is that such plans exacerbate normal labor and management tensions

A common problem associated with gainsharing is that such plans exacerbate normal labor and management tensions.

117) Profit sharing is best used in small to medium-sized firms, while gainsharing works in any size company.

 

118) Corporatewide pay-for-performance compensation plans place employees at considerable financial risk.

 

119) Stock options provide the executive with "free" company stock, normally with no strings attached.

120) Long-term incentive plans are linked very closely with executive performance.

 

121) Firms that give perks to executives are not legally required to disclose such awards..

 

122) If a sales manager wants his sales professionals to service the product and spend time with customers, then a straight salary compensation plan is best.

 

123) A straight-salary sales compensation plan has a tendency to encourage salespeople to emphasize sales volume over customer service.

124) Customer service rewards for salespeople are typically individual based, team based, or plant based.

Mar 13 2020 View more View Less

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