CH 11 Flashcards

1
Q

Employee Stock Plans (SSSP)

A

Share Bonus Plan
Share Purchase Plan
Stock Option Plan
Phantom Share Plan

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2
Q

Profit Sharing Plans (DCC)

A

Deferred Profit Sharing Plan
Current Distribution Plan
Combination Plan

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3
Q

Goal Sharing Plans (SMF)

A

Single Goal Plan
Multi Goal Plan
Financially Funded Plan

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4
Q

Gain Sharing Plans (FIRS)

A

Scanlon
Rucker
Improshare
Family of Measures

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5
Q

phantom equity plan (new)

A

For retention/based on stock performance

new high tech firms

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6
Q

phantom share plan (dont own)

A

EE’s participate in the stock rising shares and dividends but don’t own any shares

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7
Q

share appreciation rights (=S,$+)

A

EE”s are awarded shares at no cost if the price stock rises during a specified period.

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8
Q

Family of measures plan (B)

A

A gain-sharing plan

uses a variety of measures to determine bonus payout

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9
Q

Improshare (hrs/unit)

A

A gain-sharing plan

focuses on labour hrs/unit & does not usually include worker participation.

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10
Q

Rucker plan (% VA)

A

A gain-sharing plan

expresses labour costs as a % of value added.

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11
Q

Scanlon plan (Part)

A

A gain-sharing plan

EE participation in developing productivity improvements and that shares the financial benefits of those improvements with the EE group that generated them.

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