Program Outline & Benefits
The information and materials presented in this program is the product of experiences gained in over seven hundred installations, the analysis of 300+ case studies, and the input from over 2,000 previous workshop attendees. It will be what you want to know and need to know.
Session I - Creating a Culture for Success
- Gainsharing . . . is it an organizational strategy or compensation methodology? The correct answer is critical to success
- Assessing it’s application in your business
- Answering the question......who participates?
- Key components in driving organizational improvement
- Leadership and management styles and their effect on Gainsharing
- Current management/employee relationships and their influence on the effort
- Union versus non-union environments
- Gainsharing in a corporate and/or multi-division environment
- Establishing and maintaining a atmosphere of respect and trust
- Understand, appreciate and leverage your mutually defined and shared success
Session II - Gainsharing Compensation Formulas
- Measuring what matters . . . the million-dollar question, of all the things we could measure, what should we measure? Only those factors that exert profound influence on key financial outcomes
- Integrating specific cost, quality, productivity and profit measures
- Options that exist for Gainsharing formulas. Benefits and drawbacks of each
- Which formula method works best in a given organization
- Dealing with variables such as volume, mix, price, cost fluctuations
- Setting “thresholds” for performance.
- Avoiding ratcheting goals
- Including and measuring admin and support personel
- Bonus distribution methods - how to “share the gains”
- Bonus amounts and frequency, and there effect on behavioral change
- Adaptability to changing conditions such as capital, technology, process improvement, mix.
- Designing for the long pull - Gainsharing systems
that last - Administrative, accounting and communication
requirements
Session III - Legal
- Legal issues concerning the design of a Gainsharing system and the NLRB
- Distribution of bonuses and the Fair Labor Standards Act
- Tax consequences of bonus checks and the IRS
- Discussion of state and federal wage and hour laws and their impact on Gainsharing
Session IV - Infrastructure to Support the Effort
- Communications.....how, what, when, and where to be most effective
- Creating Visibility for key activities
- Creating a sense of “Game” and an emotional reaction to winning and losing
- Dollarizing the workplace.....establishing value for what we produce and what we consume
- Fostering optimal employee involvement, participation, commitment and performance
- Seven Keys to a successful Gainsharing effort
Other Topics Covered
- Dealing with existing incentives or bonus systems
- Revising or rejuvenating an older or failed program
- Integrating Improvement tools such as Kaizen, Lean, etc into Gainsharing
- Getting “corporate” interested in Gainsharing
- Specific subjects submitted by your group!
What are the Benefits?
At the conclusion of this workshop, you will have the information you need to make an informed decision regarding Gainsharing in your organization. You will have constructed a BLUE PRINT FOR EXECUTION. Register Now
Top^Who Should Participate?
This workshop is structured specifically for senior managers, officers and owners considering Gainsharing for their organizations.
Company owners, officers, and managers who are responsible for maximizing profits, quality, and productivity. Organization Leaders, steering committees, and employee research groups are also encouraged to attend.
Those individuals or groups who are responsible for researching, designing, and implementing Gainsharing or other significant organizational change will gain insight, clarity, and direction from this session.
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