A gainsharing plan


Discuss the following:

1. A major problem with any motivational theory based on the satisfaction of needs is

bears no relationship to hiring and training practices

almost impossible to identify what need(s) an employee is attempting to satisfy

money is a demotivator

money can be used as a consequence

2. Which one of the following statements does not describe a defined benefits plan?

funded by a specified payment to the account of each participant

includes a formula that defines the benefit an employee is to receive

annual contribution by employer made on an actuarial basis

employees can be required to contribute to the plan

3. A gainsharing plan

shares productivity gained benefits with employees

pays different rates of pay for different shifts

pays a premium to employees who individually produce greater output

is a standard piecework/bonus plan

4. The discussion of workers doing "ten minutes' work for 12 hours' pay" within a nuclear power facility relates to which of the following?

high emotional stress

severe physical discomfort

critical long-term health-related problems

danger in high places

5. The size of a bonus received by an operating manager will quite often be determined by all but which one of the following criteria?

work unit reduction in cost

performance rating of manager's subordinates

employee's own performance rating

area of functional responsibility

6. Which one of the following characteristics is not critical in defining a team?

shared leadership roles

collective work produced

encourage open-ended discussions

measure performance of each team member

7. Probably the oldest of all incentive programs are

those that use the group outputs

those that tie workers' earnings directly to the number of units produced

those that base their incentive plans on seniority

those that use the differential day rate plan

8. Members of a team operating within a broadbanded, skill-based pay plan can receive an increase in base pay

each year

when receiving a superior performance rating

upon acquisition of increased kinds and levels of team-required knowledge and skills

upon promotion to a more advanced team assignment

9. The primary reason for integrating pension plans with Social Security is to

reduce company cost

capitalize on government deductions

eliminate pension benefits for lower-paid employees

provide reasonable retirement benefits to employees at all income levels

10. In the attempt to understand why things happen when they do or the way they do, researchers first develop

assumptions

hypotheses

investigations

experiments

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Other Management: A gainsharing plan
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