Entry from US English dictionary
An incentive plan in which employees or customers receive benefits directly as a result of cost-saving measures that they initiate or participate in: [as modifier]: the company’s gainsharing program ties bonuses directly to team performance
More example sentences
- These include gainsharing, profit sharing, stock options, quality circles, lean production, post-fordism, flexibility, flex-time, and of course, ESOPS.
- A real attempt to tackle the whole issue of employee participation and gainsharing should also be made.
- The key challenges faced by the social partners and the NCPP will include promoting flexibility at work, multiculturalism and new systems of rewards, such as gainsharing, benchmarking and profitsharing.
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