¶ … Profit Sharing and Gain Sharing
Many people tend to confuse gain sharing and profit sharing as they view them as one thing. This has led many firms to adopt the use of a profit sharing tool instead of a gain-sharing one. The purpose of this paper is to explain the differences between gain sharing and profit sharing based on various aspects in an organization.
Profit sharing and gain sharing vary significantly. Typically, profit sharing programs are usually in the form of end-year bonuses and paid on an annual basis. While they are often companywide, some firms have excluded unions from programs of profit sharing due to the established terms and conditions of contract between the union and the company (Bar-Haim 15). On the other hand, gain-sharing programs are specific, formal, and applied a defined group of employees. They involve a high level of feedback and communication between the management and employees. In addition, meetings could happen on a weekly basis with discussions...
profit sharing. The writer examines the history of the concept and whether or not profit sharing improves productivity. There were 10 sources used to complete this paper. 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
Non-profits operate as tax-exempt charities and are ethically bound to serve the public good. All funds are diverted back into the organization, to further its stated goals. One obvious problem with using a non-for-profit structure is that it impinges upon the organization's ability to sell shares to raise revenue. On the other hand, donors are encouraged to make contributions to not-for-profits because their donations are tax exempt. A corporation, in
This information is then rated and scored, to determine the take home pay of the manager. Where, those who perform poorly on this index will see a 25% reduction in their pay. This is significant, because it shows how the system that All State uses; helps with goal setting and to promote diversity work. Where, the employee will be selected because of their talents. Then, to maintain motivation and
Corporate Social Responsibility As the title in the header suggests, this report is about corporate social responsibility. What shall be included in this report is a brief description of what is meant by corporate social responsibility, the contribution to the subject made by the article chosen for this report, a discussion of why the article is important as it relates to understanding and applying the knowledge related to corporate social responsibility,
Illegal file sharing has cost the recording industry thousands of jobs. Musicians are denied millions in royalties. This does not even consider illegal file sharing of movies, television shows and software. As with any crime, the only winner is the criminal. Thieves take the property of others without permission, and use it for their own gain. Nobody else wins with illegal file sharing. The negative consequences of illegal file
Action for Gain Laundry Detergent / Gain Laundry Detergent: Action Plan Action Plan Focus on what can be controlled Retest the product Choose the target customers Improve Packaging Price Strategy Brand Image and Promotion Obtain Feedback The enzyme-driven, stain-removal laundry detergent known as 'GAIN' was launched in markets in the year 1969. In 1981, however, the brand opted to alter its positioning as stain remover -- it re-positioned and marketed itself as a detergent producing a pleasant scent.
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