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Gainsharing is an organization-wide performance-based pay system whereby both workers and management receive increased benefits as a result of improved productivity. This practice is common in the manufacturing sector. However, its application in the agriculture and agribusiness sectors of APO members still needs encouragement. Other than cooperative gainsharing models in the Republic of China, Japan, and the Republic of Korea, the gainsharing approach is not widely practiced in the agribusiness sector in other APO members.
Gainsharing has the potential to contribute to agricultural productivity as farmers are empowered, actors in supply chains are motivated, staff involved in agriculture develop an increased feeling of ownership, and companies receive greater profits due to higher productivity and enhanced efficiency throughout supply chains. Successful gainsharing plans result in quality and productivity improvements of employees. In the Philippines, for example, the Wage Rationalization Act promotes the gainsharing concept and practices to increase productivity. Gainsharing also has the potential to encourage youth to become involved in the sector and support small-scale growers.
This training course will provide knowledge on the application of gainsharing tools and share best practices to make agribusiness enterprises more productive and profitable.
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