What type of pay system rewards middle managers for especially high output, often exceeding the value of bonuses?Group of answer choicesMerit raisesGainsharingProfit-sharingPay-for-knowledgeVariable pay
Question
What type of pay system rewards middle managers for especially high output, often exceeding the value of bonuses?Group of answer choicesMerit raisesGainsharingProfit-sharingPay-for-knowledgeVariable pay
Solution
The type of pay system that rewards middle managers for especially high output, often exceeding the value of bonuses, is Gainsharing. This system is designed to improve productivity by sharing a portion of the company's savings with the employees. It encourages a sense of ownership among the employees and motivates them to work harder and smarter.
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