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Gainsharing and Goalsharing: Aligning Pay and Strategic Goals

Kenneth Mericle, Dong-One Kim




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 | #4202699 in eBooks |  2004-03-30 |  2004-03-30 | File type: PDF

||About the Author||KENNETH MERICLE is Professor of Labor Education at the University of Wisconsin Extension and a participating faculty member in the Industrial Relations Research Institute. He has taught and conducted research in the fields of compensation, work

Gainsharing and goalsharing, if carefully designed and administered, have great potential as compensation systems that align pay with the broader strategic objectives of the organization. To be successful over the long term, gainsharing and goalsharing require periodic review and adjustment to changing business conditions and continuing emphasis on mobilizing and involving employees. The authors share important insights from recent research (including two large-scale ...

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