Gainsharing
Providing hourly employees with reward opportunities that are tied to their role in improving business performance.
Client Challenges
Fun Fact- Gainsharing
“A study of 663 organizations demonstrated that gainsharing generated $2,200 in unbudgeted gains per employee per year.”
- Consortium of Alternative Reward Strategies
Clearwater in the News
“[Clearwater] is teaching rank-and-file workers in tough jobs how to devise incentive plans. In the process, employees are being rewarded with things money can't buy- more dignity and a greater sense of purpose.”
— Fast Company Magazine
Articles and Related Content
Following are articles written by, or featuring, Clearwater consultants.
-
Fast Company article by Rekha Balu describing the benefits of [Clearwater's] approach to designing incentive pay plans.
-
This chapter in the 5th edition of the book, Reward Management, provides an excellent technical reference on Gainsharing.
-
Article in Modern Casting by Steve Wenk featuring the story of Kurdziel's success with gainsharing.
-
Journal of Organizational Excellence article by Mike Gaudioso describing how Verizon developed a successful gainsharing program.
-
Pay for Performance Report (IOMA) article describing the details of the U.S. Mint's gainsharing program.
-
Brochure describing the value proposition for gainsharing, Clearwater's process for developing a program, and a quick diagnostic to determine if gainsharing is a good fit with your organization.
Gainsharing Advantage
We believe gainsharing is an employee involvement program that ties pay to improvements in workforce productivity, not just a formula. And, we are just as comfortable in the Union Hall as in the Boardroom.