e primary ì
reward for performance, and certainly the reward providing the ì
strongest motivation for both the development of organizational ì
commitment and performance at above average levels. Compensation ì
is a manifestation of gain sharing between an organization and ì
its employees. Gain sharing is a critical concept in the ì
Gain sharing is a comprehensive approach to the task of ì
improving organizational performance, or productivity. ¬ 3.LS1
4Edward E. Lawler, III, "Performance Management: The Next ì
Generation," Compensation and Benefits Review, 26 (May-June ì
sharing concept is comprehensive because it relies on a ì
combination of management development, employee participation, ì
and shared rewards to improve productivity. Management provides ì
the leadership and the organizational structure that fosters ì
increased employee participation in the organization's efforts to ì
attain its goals. To the extent that the joint efforts are ì
successful (productivity improvements exceed an agreed upon base ì
level), the benefits are shared between employees (both ì
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