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Summaries and Short Reviews

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Shvoong Home>Social Sciences>Economics>Profit Sharing Summary

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Profit Sharing

Book Summary by: AcaDemon    


The economic slump in America the last few years has been counter productive for employee morale. The workers who have faced
lay offs, pay reductions ,and removal of overtime, are having a hard time finding a reason to work hard and stay focused on productivity. One of the ways to motivate employees is through profit sharing. The way each program is set up may vary, but the concept is still the same. If the company makes more, the employees make more; therefore, it behooves the employees to crank up the productivity and the quality of the product or service they represent.
Published: November 12, 2006
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