A Reward System for the Shop
GainShare ®© is an incentive
program for shop employees.
GainShare ®© rewards shop
employees for accrued gains in gross profit.
When manufacturing produces at or above
accrued cost of goods sold targets established by the
Profit Model Package ®©.
GainShare ®© gives employees an incentive for encouraging management to
improve manufacturing process efficacy.
Objectives of GainShare ®©
Attributes of GainShare ®©
Productivity-based plant-wide financial incentive program
Tracks improvements in gross profit
Shares values with ALL employees
Fosters participation in Profit Scheduling ®© by sharing the gain in gross profit
Demands extra effort from ALL participants
Enhances competitive advantage of the business - company gains
Rewards employees for improvement in the element of profit they control
Employees gain ownership of their destiny
What GainShare ®© Does
GainShare ®© measures productivity gains (losses) against predetermined goals
Product cost elements as % of sales
Selected expenses as % of sales
- Expense labor accounts
- Overtime and other allowances
- Material expenses