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3 Cards in this Set
- Front
- Back
Gainsharing plan |
An incentive plan that engages employ in a common effort to achieve productivity objectives and share the gains |
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Earnings at risk pay plan |
Plans that puts some portion of employees normal pay at risk if they don't meet their goals, in return for possibly obtaining a much larger bonus if they exceed their goals |
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ESOP |
Corporation contributes shares of its own stock to a trust in which additional contributions are made annually. The trust distributes the stock to employees on retirement of separation from service |