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Profit Sharing in Canada: The Complete Guide to Designing and Implementing Plans that Really Work - Softcover
Looking for ways to motivate your employees to improve the bottom line, but without spending additional dollars on salaries? Pr???fit Sharing in Canada The Complete Guide to Designing and Implementing Plans that Really Work Profit-sharing plans are a highly effective way to increase profitability and productivity, as well as improve employees’ compensation, without increasing fixed costs. This "nuts-and-bolts" guide focuses on broad-based plans, which include virtually all employees. Profit Sharing in Canada is a practical guide to designing and implementing a profit-sharing plan in your company, with little or no help from external advisers:
- Explains how to involve, motivate, and reward employees—and improve corporate performance—without increasing fixed costs.
- Covers types of plans, how to decide which employees are eligible and how to divide up the profits among them, tax advantages and implications, communication to employees, plan administration, and much more.
- Explains all the issues involved in clear, non-technical language.
- Includes helpful checklists of topics that need to be discussed and reviewed at each stage of design and implementation.
- Provides sample plans and a resource list of organizations to contact for further information and professional help.
- Includes a disk containing spreadsheets of various allocation formulas readers can use to calculate "what-if" scenarios.
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From the Publisher:
A practical approach to designing and implementing broad-based profit-sharing plans, this hands-on guide explains how to motivate and reward employees through this highly effective way to increase profitability and productivity. It is written in a clear, nontechnical style and includes checklists of important topics as well as a disk containing spreadsheets of allocation formulas readers can use to calculate "what-if" scenarios. It includes coverage of types of plans, determining which employees are eligible for plans and how to divide up profits, tax implications and much more.
About the Author:
About the Author David E. Tyson is President of Tyson & Associates Limited, a Toronto-based consulting firm specializing in compensation and related human resource management services. He is a Certified Management Consultant (CMC) with over 20 years’ experience in human resource management and consulting. His articles have appeared in The Financial Post, Canadian Banker,and other national publications.
"About this title" may belong to another edition of this title.
- PublisherWiley
- Publication date1996
- ISBN 10 0471641464
- ISBN 13 9780471641469
- BindingPaperback
- Edition number1
- Number of pages256
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