Term: Gainsharing / Gain-Sharing
Definition:This type of variable pay ties bonuses or salary increases to increased productivity (vs. profit increases). This is performance-based incentive pay.
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Course | Page Number |
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75 - Creating a Variable Pay Plan | 10 |
ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®