Friday 5 April 2013

Employee Ownership and/or Profit Sharing as an Effective Tool for Motivating Employees.

Introduction

Research has shown that employee self-possession can improve motivation as rise as participation performance, but only under real conditions. The challenge is to determine what those conditions are. Since motivation is a key grammatical constituent then we need to also look at the mental perspective. The psychological perspective assumes that the way people interpret self-command has a more direct impact on company performance than legal structures or vision statements do.

The most everyday obstacle to the success of the ownership inducing is failure to properly educate the work force. For ownership to be an effective incentive it is not enough that employees actually will share in the company success, they must also believe that they will.

The information in this report is based on data collected from surveys conducted by will power Associates. Ownership Associates is an international consulting firm providing a stove of services to corporations interested in broadening ownership and piece of work participation opportunities for employees. In 1994 Ownership Associates launched the Ownership Culture check over® (OCS), a survey instrument developed exclusively for the necessitate of employee-owned companies. Their clients range from Fortune 100 corporations to small, privately-held companies which gives a broad spectrum when considering the effect on employee motivation.

Defining Ownership

Ownership means different things to different people depending where they accord into the organizational structure of their company.

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Its more the working definition of ownership rather than the legal definition that affects how people perceive these structures.

The Ownership Associates Ownership Culture Survey® (OCS) asks employees what first comes to mind when they echo of ownership. Some of the responses include; investment, incentive, teamwork, bogus, equality, a good benefit, employee involvement and what is it?

Ownership Associates mother done surveys with ownership companies for over 14 years and from the gathered information it appears that most people are...

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