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Gainsharing Concept . . . Helps to Drive Business Performance |
Gainsharing plans and their pay models must support and help drive business performance.
Gainsharing plans are not "add on systems" or "sideline programs." They must be part of, and
support, the business objectives.The Pay Model Must:
- Reflect the philosophy and objectives of your
company
- Reward achievement of property-wide business performance
measurements
- Represent those costs over which employees have some degree of influence or control
- Establish a base line performance
- Be based on historical and/or budgeted cost and output
data
- Set performance targets that are obtainable with "stretch"
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1250 Ironwood Drive, Ste. #334
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Coeur d'Alene, Idaho 83814
Phone: (208) 765-3344 | Fax: (208) 664-6237 E-mail: bcg@bovino-consulting.com |
