Management attitudes towards gainsharing as a strategic tool for productivity improvement in small business corporations : an exploratory study

Abstract

Gainsharing originates from the develope d countries such as the United States of America. South Africa’s labour productivity in the manufacturing sector is low when compared to Korea, United States of America, Taiwan, Japan, France and the United Kingdom. Increase in productivity can finance higher wages without burdening the customer with higher selling price. A strong co-operation between management and labour to improve productivity, thereby ensuring the survival of South African companies, is required. This paper is to evaluate management attitudes towards gainsharing as a strategic tool for productivity improvement.