GAINS SHARING
\ɡˈe͡ɪnz ʃˈe͡əɹɪŋ], \ɡˈeɪnz ʃˈeəɹɪŋ], \ɡ_ˈeɪ_n_z ʃ_ˈeə_ɹ_ɪ_ŋ]\
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Pay-incentive plan. Motivational tool for employees as a group. Seeks improved productivity in their workgroup. Improvement comes from a more efficient use of resources (energy, labor, and materials). The group shares the resulting savings, or gains. A formula measures gain against past results or a benchmark. Participative management is typically the trigger and difference between successful improvement and gain, versus stagnant hanging on.
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.
Nearby Words
- gainlessness
- gainly
- gainor
- gainpain
- gains
- GAINS SHARING
- gainsaid
- gainsay
- gainsayer
- gainsayer (b.)
- gainsaying