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One of the problems with gain-sharing plans is that they do not encourage employee participation.

a. true
b. false

User Suriyaa
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1 Answer

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Final answer:

The statement that gain-sharing plans do not encourage employee participation is false; these plans actually encourage teamwork and productivity. Additionally, it is true that sharecroppers were tenant farmers who paid rent with crops, and it is false that proprietors of a proprietary colony had no responsibilities except for collecting profits.

Step-by-step explanation:

The statement "one of the problems with gain-sharing plans is that they do not encourage employee participation" is:

b. false

Gain-sharing plans are specifically designed to encourage and foster employee participation and involvement in the company's performance and success. These plans incentivize employees to work collectively toward achieving specific goals or improvements in productivity, efficiency, cost reduction, or quality.

Gain-sharing plans typically involve a system where employees receive bonuses or rewards based on achieving predetermined performance targets or benchmarks. These targets are often linked to the overall success of the company or specific departmental objectives. By tying rewards directly to performance improvements, gain-sharing plans aim to motivate employees to actively engage in problem-solving, innovation, and collaboration, thus fostering a culture of participation and teamwork.

Therefore, gain-sharing plans are structured to promote employee involvement and engagement rather than being a problem that discourages participation.

User Jtouzy
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