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Several employees developed a plan to improve the efficiency of the production floor, potentially saving the organization significant amounts of money. As a result, the
Several employees developed a plan to improve the efficiency of the production floor, potentially saving the organization significant amounts of money. As a result, the employees will be given a bonus of 25 percent of the economic gain that results from this plan. This type of incentive pay is known as _____. a. gainsharing b. fixed-rate pay c. a lump-sum bonus d. pay-for-knowledge e. profit sharing
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