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Question
Rayshard works for an automobile salvage firm. Last year he started going to monthly meetings with managers and coworkers to evaluate labor-saving ideas. One idea, raising the crane level by 8 feet to clear the building, saved them $2 million. Each of the employees received a $200 bonus for the implementation of that idea. What kind of compensation system is used?a) Piecework
b) Time-saving bonus
c) Merit pay
d) Scanlon Plan
e) Group incentive
Answer
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Related questions
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