gainsharing definition

  • noun:
    • A compensation system which organizations share the financial value of overall performance gains, such as for instance output, cost benefits, or quality, due to their workers.
    • A compensation system where organizations share the financial worth of overall performance gains, such productivity, cost savings, or high quality, making use of their employees.
    • A compensation system by which organizations share the monetary worth of overall performance gains, such as efficiency, cost benefits, or high quality, with their workers.
    • A compensation system in which businesses share the financial value of overall performance gains, such as efficiency, cost benefits, or quality, using their employees.

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  • Sentence for "gainsharing"
    • Sacramento, California, involved "gainsharing" -- allowing…
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