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.
- Priestman Plan
- Towne’s Gain Sharing Plan
- Scanlon Plan
Note- Read each Plan in Detail and Individual Incentive Plan to complete your learning.
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