Question

When designing a valid gain-sharing plan, which is NOT an element to consider ?

A consumer driven healthcare is also known as a "Low Deductible Plan"

_______________ is the most frequently used medium for communicating employee benefits

The legislation requiring individuals to maintain minimal essential health insurance coverage or pay a penalty unless exempted is

In the Brito vs. Zia Company, the main issue revolved around Zia not developing a legitimate performance evaluation criteria for its employees

A _________ plan requires the division of a task into simple actions and determination of the time required by an average skilled worker to complete each action

Answer 1

Key elements in designing a gainsharing plan are:

Strength of reinforcement

-Productivity standards

-Sharing the gains split between management and workers

-Scope of the formula

-Perceived fairness of the formula

-Ease of administration

-Production variability

False, as a consumer-driven healthcare is also known as a “high deductible plan”

An employee benefit handbook is the most frequently used medium for communicating employee benefits.

Patient Protection and Affordable Care Act is the legislation requiring individuals to maintain minimal essential health insurance coverage or pay a penalty unless exempted.

True that In the Brito vs. Zia Company, the main issue revolved around Zia not developing a legitimate performance evaluation criteria for its employees.

Bedeaux is the plan which requires the division of a task into simple actions and determination of the time required by an average skilled worker to complete each action.