Compensation bingo

Exercise and reference answers

Clues and terms

1. Clue

   Pay follows shared results.

   Item

   Gain share

2. Clue

   The oldest such plan.

   Item

   Scanlon

3. Clue

   More skills, more pay.

   Item

   Skills pay

4. Clue

   Raise taken in one go.

   Item

   Lump sum

5. Clue

   Employees pick their perks.

   Item

   Flexi benefit

6. Clue

   Staff share pay decisions.

   Item

   Participative

7. Clue

   Reward tied to one person.

   Item

   Individual

8. Clue

   Reward tied to the unit.

   Item

   Group plan

9. Clue

   Check the plan over time.

   Item

   Monitor

Instructions

Read each clue and tap the term it describes.

Explanation