Synopsis
Profit sharing works best with hands-on education and close management .
This section explains why a sustained education effort is essential to help workers see how their efforts influence profits, and how trust in management builds the plan’s effectiveness.
The text emphasizes that successful profit sharing relies on personal contact between active managers and participants. It argues that smaller groups allow stronger personal relationships and greater influence on profits, while very large groups weaken individual motivation. It also notes that managers must educate and engage employees through pamphlets, meetings, and direct communication, because the personality and commitment of management are key drivers of results.- Learn why ongoing education and personal contact matter more than formal rules alone
- See how management style and trust affect the plan’s success
- Understand the challenges of scaling profit sharing from small to large groups
- Explore how different plant sizes experience varying levels of participant influence
"synopsis" may belong to another edition of this title.
Other Popular Editions of the Same Title
Search results for Profit Sharing, Its Principles and Practice: A Collaboration...
Seller Image
Profit Sharing, Its Principles and Practice: A Collaboration (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
Seller rating 4 out of 5 stars
Paperback. Condition: New. Print on Demand. This book examines the concept of profit sharing as a method to increase productivity and promote overall business success. The author argues that profit sharing can be an effective tool for motivating employees and improving efficiency, particularly when individual performance is difficult to measure or when close supervision is impractical. The book explores various forms of profit sharing, from general plans that distribute a portion of the company's profits to all employees to individual plans that reward specific contributions. It also discusses the potential drawbacks of profit sharing, such as the risk of employees becoming overly focused on short-term gains at the expense of long-term goals. By providing a comprehensive analysis of profit sharing and its potential impact on businesses, this book offers valuable insights for employers seeking to enhance their operations through innovative compensation strategies. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330338377_0
Buy New
US$ 22.34
Free Shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: Over 20 available
Stock Image
Profit Sharing, Its Principles and Practice A Collaboration Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330338377
Stock Image
Profit Sharing, Its Principles and Practice A Collaboration Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330338377
Buy New
US$ 33.30
US$ 6.74 shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: 15 available