a system in which employees are financially rewarded for reducing operating costs and working more efficiently. The reward may or may not be in relation to individual performance
b.
(as modifier)
a gainsharing scheme
Word origin
C19: on the model of profit-sharing
Examples of 'gainsharing' in a sentence
gainsharing
This sentiment underpins the concept of gainsharing.
Robert W.D. Zondo 2017, 'Evaluating the effectiveness of a gainsharing programme for labour productivity improvement',Acta Commerciihttps://actacommercii.co.za/index.php/acta/article/view/498. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
Gainsharing improves labour productivity and reduces spoilage and absenteeism rates.
Robert W.D. Zondo 2018, 'The impact of gainsharing in the automotive parts manufacturing industry of SouthAfrica', South African Journal of Economic and Management Scienceshttps://sajems.org/index.php/sajems/article/view/1773. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
Gainsharing can be used as an incentive to prescribe, dispense or use biosimilars.
Evelien Moorkens, Arnold G Vulto, Isabelle Huys, Pieter Dylst, Brian Godman, SimonKeuerleber, Barbara Claus, Maria Dimitrova, Guenka Petrova, Ljiljana Sović-Brkičić,Juraj Slabý, Robin Šebesta, Ott Laius, Allan Karr, Morgane Beck, Jaana E Martikainen,Gisbert W Selke, Susan Spillane, Laura McCullagh, Gianluca Trifirò, Patricia VellaBonanno, Asbjørn Mack, Antra Fogele, Anita Viksna, Magdalena Władysiuk, Helder Mota-Filipe,Dmitry Meshkov, Marija Kalaba, Simona Mencej Bedrač, Jurij Fürst, Corrine Zara, PeterSkiöld, Einar Magnússon, Steven Simoens 2017, 'Policies for biosimilar uptake in Europe: An overview.', PLoS ONEhttp://europepmc.org/articles/PMC5746224?pdf=render. Retrieved from PLOS CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
The investigation was achieved by collecting pre- and post-gainsharing quarterly data for spoilage, absenteeism, capital investment and labour productivity.
Robert W.D. Zondo 2018, 'The impact of gainsharing in the automotive parts manufacturing industry of SouthAfrica', South African Journal of Economic and Management Scienceshttps://sajems.org/index.php/sajems/article/view/1773. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)