While there are several reasons this situation arises, the most common is the technique used to determine the gain sharing
For Dittman, it's all about "gain sharing
," or a mutually beneficial arrangement that is nurtured over time.
Therefore, managers may choose other types of compensation systems, such as time rates and gain sharing
(where part of compensation is linked to quality-adjusted productivity).
is still a problematic issue, but incentives based on quality and safety are legally permitted.
Such can be accomplished by implementing phantom stock and employee stock owner ship programs (ESOP), or the reward program that Eldred most favors: gain sharing
* A PACE Performance Recognition Plan or gain sharing
Benefits data is given on health insurance, pension, vacation, holidays, life insurance, gain sharing
, profit sharing, social security, workers' compensation and unemployment compensation.
is a mechanistic form of control system, and hence may be compatible with organizational trust.
typically means an arrangement whereby a hospital shares a portion of the dollars saved with physicians as a result of changes in their practice.
Ed Gerken said sharper focus will allow the company to fully gain the benefits of recently implemented changes that include an enterprisewide information systems project, a move toward cellular manufacturing and the addition of gain sharing
The kinds of pay systems typically seen as worthwhile targets for public policy are (i) profit sharing (and related systems such as gain sharing
plans based on plant or divisional profits or revenue) and (ii) Employee Stock Ownership Plans (ESOPs).
There are three basic forms of group-based pay arrangements: profit sharing, gain sharing
, and employee stock ownership.