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Sheta Sheta
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6 years ago
In general gainsharing plans are intended to link employees to organizational productivity by focusing on cost-efficiency.
 
  Indicate whether this statement is true or false.

Question 2

Compare and discuss skill-based and competency-based systems of pay.
 
  What will be an ideal response?

Question 3

What is a profit-sharing plan? Identify and discuss the three basic profit-sharing plans.
 
  What will be an ideal response?

Question 4

Seniority is the length of time an employee has been associated with the company, division, department, or job.
 
  Indicate whether this statement is true or false.

Question 5

Merit payments are relatively small gifts given to employees for outstanding work or effort during a brief period of time.
 
  Indicate whether this statement is true or false.

Question 6

Piecework is an incentive pay plan where employees are paid for each unit they produce.
 
  Indicate whether this statement is true or false.
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ThemanishereThemanishere
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6 years ago
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Sheta Author
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#2
6 years ago
Thank you, thank you, thank you!
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