Employee Ownership and/or Profit Sharing as an Effective Tool for Motivating Employees.
Title: Employee Ownership and/or Profit Sharing as an Effective Tool for Motivating Employees.
Category: /Literature/European Literature
Details: Words: 1233 | Pages: 4 (approximately 235 words/page)
Employee Ownership and/or Profit Sharing as an Effective Tool for Motivating Employees.
Category: /Literature/European Literature
Details: Words: 1233 | Pages: 4 (approximately 235 words/page)
Introduction
Research has shown that employee ownership can improve motivation as well as company performance, but only under certain conditions. The challenge is to determine what those conditions are. Since motivation is a key factor then we need to also look at the psychological perspective. The psychological perspective assumes that the way people interpret ownership has a more direct impact on company performance than legal structures or vision statements do.
The most common obstacle to
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Motivation, What Does Ownership Mean to Employees?", Visited November 18, 2004 at [http://ownershipassociates.com/pdf/ocr4.pdf].
Ownership Associates, "The Ownership Incentive", Visited November 18, 2004 at [http://ownershipassociates.com/incentive.shtm].
National Centre for Employee Ownership, "What Do Employee Owners Really Think About Ownership?", Visited November 18, 2004 at [http://www.nceo.org/columns/guestcol2.html].
Birbeck and The Work Foundation, "Employee ownership, motivation and productivity.", Visited November 24, 2004 at [http://www.efesonline.org/LIBRARY/Employees%20Dirct%20Report.qxd.pdf].