· If not already in place, gain sharing requires a shift to participative management and employee involvement

· Improves job satisfaction and employee relations

· Accurate and timely production and cost data must be available

· Appropriate for all groups of employees

· Increases employee awareness of "the big picture"

Gain sharing pay programs have the following disadvantages:

Some common words found in the essay are:
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Approximate Word count = 993
Approximate Pages = 4 (250 words per page double spaced)