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Concept information

... > social science subjects > psychology > applied psychology > industrial psychology > employment, staffing, and careers > gainsharing and profit sharing

Preferred term

gainsharing and profit sharing  

Definition(s)

  • Gainsharing (GS) and profit sharing (PS) are two pay-for-performance systems used by organizations to reward workers for increased performance at the group, unit, or organization level (Rynes, Gerhart, & Parks, 2005). The ultimate goals of GS and PS plans are improving specific aspects of organizational productivity and improving employee attitudes relating to justice, collaboration, and teamwork. [Source: Encyclopedia of Industrial and Organizational Psychology; Gainsharing and Profit Sharing]

Broader concept(s)

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URI

http://data.loterre.fr/ark:/67375/N9J-G3F232XR-S

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