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Productivity
& Quality
Gainsharing
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The
Gainsharing
Concept . . . Simple & Fundamentally Sound |
The concept of Productivity & Quality
Gainsharing is simple:
- Employees, individually and in small groups, develop and implement ideas to increase productivity, quality, and customer service.
- Based on real, measurable improvements, normally defined as a reduction in unit cost, the employer shares a percentage of the improvements with the employees, as a group.
- Gainsharing, by definition, is a group involvement and group reward system. It is NOT an individually-based system.
Productivity & Quality Gainsharing is at the cutting edge in leadership
technology. It is a complete improvement system that merges sound and proven approaches of
effective leadership with a variable pay reward system. In general terms, Gainsharing is:
- A method to improve business performance
- An overall system to increase organizational effectiveness. It focuses all employees on a few common, critical, performance objectives called Key Performance Indicators (KPIs)
- A process that significantly increases employee empowerment (participation and involvement)
- A method to measure real changes in productivity and quality
- A performance based, variable compensation reward system that ties pay to organization performance, rather than individual performance
- A commitment to continuous improvement
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1250 Ironwood Drive, Ste. #334
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Coeur d'Alene, Idaho 83814
Phone: (208) 765-3344
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Fax: (208) 664-6237
E-mail: bcg@bovino-consulting.com
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Copyright 2006 Bovino Consulting Group. All Rights Reserved |
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