Group Incentive Plan

When its difficult to measure or determine the performance of an individual, several workers are required to perform a task and measure in a group. 

Under this plan, bonuses are calculated for a group of workers, and the total amount is distributed among the group members in preparation for the wages earned by each.

Includes-

• Priestman Plan
• Towne’s Gain Sharing Plan
• Scanlon Plan

Note- Read each Plan in Detail and Individual Incentive Plan to complete your learning.