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eBook Profit Sharing: Legal Aspects of Employee Share Schemes download

by David Williams,Geoffrey Morse

eBook Profit Sharing: Legal Aspects of Employee Share Schemes download ISBN: 0421254807
Author: David Williams,Geoffrey Morse
Publisher: Sweet & Maxwell Ltd (June 21, 1979)
Language: English
Pages: 243
ePub: 1184 kb
Fb2: 1356 kb
Rating: 4.6
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Category: Other

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Bibles and Christian Books. Law. Test Preparation. Engaged: Unleashing Your Organization's Potential Through Employee Engageme. English Legal System. 1825 downloads at 19 mb/s. Pension Planning: Pensions, Profit-Sharing, And Other Deferred Compensation. American Romanticism (Studies in Romanticism). Pension and profit-sharing plans: A basic guide. Profit at Any Cost: Why Business Ethics Makes Sense.

Such plans may be selective or all-employee plans. All-employee plans offer participation to all employees (subject to certain qualifying conditions such as a minimum length of service).

From this discussion, profit-sharing plans have emerged as a potentially viable solution to both the problem of wealth distribution and the challenge of employee engagement. But how feasible are these plans at large, global organizations?There aren’t a lot of models out there aside from a few, well-known examples such as Waitrose, a British online grocer.

Profit-sharing payments are generally made only if the company has been profitable for the time period specified, or when an employment contract with a labor union requires it, or when a senior employee requires the compensation

Profit-sharing payments are generally made only if the company has been profitable for the time period specified, or when an employment contract with a labor union requires it, or when a senior employee requires the compensation. For people without contracts, the company can change the terms of the plan at will. Profit-sharing usually occurs annually after the final results for the annual company profitability have been calculated

It takes a variety of forms, some of which may have greater significance and effects than others. The extent to which employees possess profit sharing, information, and participation rights varies considerably.

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