Gain Sharing is about providing a performance-based incentive to employees of a company.

Widely Used Forms of Gain Sharing

Shares, Stock Options, Phantom Stock, Royalties, a share of Return on Invested Capital (ROIC)

 

Examples of Reward Systems

Silicon Valley Firms

Dell

Monsanto

 

 

 

Gain Sharing is about providing a performance-based incentive to employees of a company.

Widely Used Forms of Gain Sharing

Shares, Stock Options, Phantom Stock, Royalties, a share of Return on Invested Capital (ROIC)

  Gain Sharing Forms Benefits Incentive Motivation

 

 

 

Gainsharing is a system or a program of management in which an organization seeks higher levels of performance through the involvement and participation of its empowered people. Generally all team members are included. Gains shared are tired to performance. As performance improves and profits increase, employees share financially in the gain.

 

 

Michael Dell advice

We decided to reward employees around a matrix of Return on Invested Capital (ROIC), and growth.

Michael Dell

Dell Inc..

 

Jack Welch advice business quotes

Provide rewards for the soul and for the wallet.

Jack Welch

GE

 

Sam Walton's rules for buiding a great business

Share your profits with all your associates, and treat them as partners.

Sam Walton

 

 

A typical Gain-Sharing organization measures performance and shares the savings or extra profits with all employees through a pre-determined formula.

Benefits of Gain Sharing

Gain sharing encourages people to do their best, conserve resources, and collaborate synergistically in order to produce greater results... More

 

 

 

Examples of Reward Systems

Silicon Valley Firms

Dell

Monsanto

Attitude Motivation

Benefits  ▪  Yin-Yang of Attitude Motivation

Recognition  ▪  Help People Grow