Download or read book The Effects of Worker Participation Employee Ownership and Profit Sharing on Economics Performance written by Derek C. Jones and published by . This book was released on 1988 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Shared Capitalism at Work written by Douglas L. Kruse and published by University of Chicago Press. This book was released on 2010-06-15 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: The historical relationship between capital and labor has evolved in the past few decades. One particularly noteworthy development is the rise of shared capitalism, a system in which workers have become partial owners of their firms and thus, in effect, both employees and stockholders. Profit sharing arrangements and gain-sharing bonuses, which tie compensation directly to a firm’s performance, also reflect this new attitude toward labor. Shared Capitalism at Work analyzes the effects of this trend on workers and firms. The contributors focus on four main areas: the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being. This volume provides essential studies for understanding the increasingly important role of shared capitalism in the modern workplace.
Download or read book The Impact of Economic Democracy Routledge Revivals written by Michael Poole and published by Routledge. This book was released on 2013-12-19 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1990, this work examines the link between the economic performance of companies and profit sharing. The relationship is a complex one: industrial relations may be improved by schemes, but good employers are likely to introduce profit sharing in any case; and though attitudes to work do change, schemes have more immediate impact on satisfaction an communications than on productivity and effort put into work.
Download or read book Creating a Bigger Pie written by Joseph R. Blasi and published by . This book was released on 2008 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses data from NBER surveys of over 40,000 employees in hundreds of facilities in 14 firms and from employees on the 2002 and 2006 General Social Surveys to explore how shared compensation affects turnover, absenteeism, loyalty, worker effort, and other outcomes affecting workplace performance. The empirical analysis shows that shared capitalism has beneficial effects on all outcomes save for absenteeism and that it has its strongest effects on turnover, loyalty, and worker effort when it is combined with: a) high-performance work policies (employee involvement, training, and job security), b) low levels of supervision, and c) fixed wages that are at or above market level. Most workers report that cash incentives, stock options, ESOP stock, and ESPP participation motivate them to work harder. The interaction of the effects of shared capitalism with other corporate policies suggests that the various shared capitalist and other policies may operate through a latent variable, "corporate culture".
Download or read book People s Capitalism written by Lesley Baddon and published by Routledge. This book was released on 2017-09-22 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1989. In the decade before this book was originally published, employee share ownership and profit sharing had increased markedly as successive governments introduced fiscal legislation promoting their uses. Yet how successful had ‘people’s capitalism’ been? The Glasgow study was a major empirical investigation into this issue and was a response to the need for an independent assessment. It discusses how attitudes to ownership had changed and how these, in turn, related to attitudes to work. It also addresses the implications of profit sharing and employee share ownership for industrial relations both for individual companies and at a national level.
Download or read book The Real World of Employee Ownership written by John Logue and published by Cornell University Press. This book was released on 2018-09-05 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using data from an extensive study of employee-owned companies in Ohio, where employee ownership is a well-developed trend, this book offers a strong empirical portrait of firms with Employee Stock Ownership Plans (ESOPs). It describes how these plans work and places their emergence and change in a historical context. John Logue and Jacquelyn Yates examine firms that have succeeded in employee ownership and those with failed plans. Some companies, they find, are committed to the concept of employee ownership, and others merely use ESOPs as a financing tool.Detailed information resulting from multiple surveys allows the authors to draw well-grounded conclusions regarding the question of why some employee-owned firms outperform others. The bottom line, they find, is that employee-owned firms that "do it all," implementing features such as employee participation and communication about finances, training, and cultural change, systematically outperform their conventional competitors. They also have an advantage over firms that understand employee ownership incompletely, if it all, and yet claim to adopt its methods.
Download or read book A New Conceptual Framework for the Analysis of the Impact of Employee Participation Profit Sharing and Ownership on Firm Performance written by Avner Ben-Ner and published by . This book was released on 1992 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Employee Ownership written by Michael Conte and published by . This book was released on 1981 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Origins of Economic Democracy written by Michael Poole and published by Routledge. This book was released on 2017-09-29 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work, originally published in 1989, examines a highly important phenomenon: the growth of profit-sharing and share-ownership schemes for employees within the company. The Origins of Economic Democracy traces the origins and developments of such schemes internationally, and presents an explanatory framework for understanding their emergence. Both legislation and economic conditions play key roles in determining the popularity of such schemes for companies and their employees. The subject of profit-sharing is of vital importance to companies endeavouring to improve their financial performance while increasing the degree of job satisfaction and organizational loyalty of staff members.
Download or read book Employee Participation Firm Performance and Survival written by Virginie Perotin and published by Elsevier. This book was released on 2004-07-06 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This latest volume of "Advances" contains a series of original and innovative empirical and survey papers that investigate theoretical and contemporary issues facing participatory organizations. The first four papers explore the growing area of participatory and labor-managed firms' survival. The second group of three papers offers a number of new approaches and insights into the performance effects of participatory firms, and the final group of papers provides a broad-ranging synthesis and assessment of the experience of employee ownership and participation in transition economies. Collectively, these nine papers truly constitute "Advances in the Economic Analysis of Participatory and Labor-Managed Firms".
Download or read book Employee Ownership written by Joseph R. Blasi and published by . This book was released on 1988 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Workers Financial Participation written by Daniel Vaughan-Whitehead and published by International Labour Organization. This book was released on 1995 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work focuses on pay schemes which provide, in addition to fixed pay, a variable portion of remuneration linked to some measure of enterprise performance.
Download or read book Sharing in the Company written by Erik Poutsma and published by Emerald Group Publishing. This book was released on 2017-06-12 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 17 of Advances in the Economic Analysis of Participatory and Labor-Managed Firms provides detailed analysis on standard econometric studies to new institutional economics to behavioral economics.
Download or read book Creating a Bigger Pie the Effects of Employee Ownership Profit Sharing and Stock Options on Workplace Performance written by Joseph Blasi and published by . This book was released on 2010 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses data from NBER surveys of over 40,000 employees in hundreds of facilities in 14 firms and from employees on the 2002 and 2006 General Social Surveys to explore how shared compensation affects turnover, absenteeism, loyalty, worker effort, and other outcomes affecting workplace performance. The empirical analysis shows that shared capitalism has beneficial effects on all outcomes save for absenteeism and that it has its strongest effects on turnover, loyalty, and worker effort when it is combined with: a) high-performance work policies (employee involvement, training, and job security), b) low levels of supervision, and c) fixed wages that are at or above market level. Most workers report that cash incentives, stock options, ESOP stock, and ESPP participation motivate them to work harder. The interaction of the effects of shared capitalism with other corporate policies suggests that the various shared capitalist and other policies may operate through a latent variable, quot;corporate culturequot.
Download or read book Employee Ownership and Employee Involvement at Work written by Daphne Berry and published by Emerald Group Publishing. This book was released on 2018-05-08 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: With a growing prominence of sophisticated econometric research in the field of New Economics of Participation (NEP), it is of particular value to learn about real-world examples of participatory and labor-managed firms in the advanced market economies through extensive case studies. In this volume, the authors present such case studies.
Download or read book Employee Ownership written by Gorm Winther and published by . This book was released on 1995 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Do Workers Gain by Sharing written by Douglas Kruse and published by . This book was released on 2008 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how shared capitalism compensation systems - those that link employee pay to company performance - affect diverse employee outcomes. It uses two data sets: the national GSS survey that provides a broad representative view of the extent of the programs; and the NBER Shared Capitalism Project surveys of workers in 14 companies that use shared capitalism programs extensively. We find that greater involvement in the programs is generally linked to greater participation in decisions, higher quality supervision and treatment of employees, more training, higher pay and benefits, greater job security, and higher job satisfaction. We also find positive interactions of shared capitalism with high-performance policies in predicting participation in decisions and overall job satisfaction, and negative interactions of shared capitalism with close supervision in affecting almost all of the outcomes. Overall the results support the idea that workers can gain by sharing, but whether this happens is contingent on other workplace policies.
