Gainsharing

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August 31, 2024 4 min read Definitions
Gainsharing: A System that Rewards Employees for Performance Improvements or Cost-Saving Measures
Management Economics Gainsharing Performance Improvement Employee Incentives Cost Savings Organizational Goals
Gainsharing is a collaborative pay system where employees receive financial rewards for performance improvements or cost-saving initiatives, promoting a team-oriented approach to achieving organizational goals.
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