Who are the profit sharers?

Article Abstract:

British companies that have programs and policies oriented toward general employee welfare are also likely to offer employee profit-sharing plans. There are four general types of profit-sharing plans: approved profit sharing plans based on the 1978 Finance Act; save-as-you-earn plans based on the 1980 Finance Act; non-approved plans including partnerships; and limited membership plans such as the executive share option scheme, based on the 1984 Finance Act. Studies were undertaken to cross-tabulate plan types, employee eligibility, employee participation, and union representation. A direct relationship was shown between good relations between employers and employees, and the availability of company-sponsored profit sharing plans. Unions within these companies did not appear to oppose profit-sharing plans, contrary to expectations.

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Does profit sharing improve employee performance?

Article Abstract:

There is no evidence that profit-sharing significantly affects job creation, but it does have generally beneficial effects on employee morale. It is also sometimes difficult to separate these effects from the effects of other employee benefits, such as bonus systems. Obstacles to implementation of profit sharing plans include: employee risk aversion, union reaction, reluctance to commit both labor and capital to the same firm, complexities of plan design, long term commitment, and corporate versus localized focus. There are three plan types that current offer government approved tax advantages: profit sharing, savings related share options, and executive share options.

United Kingdom, Employee ownership, Bonuses

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Hablando Espanol Puede Ayudar a Mejorar Su Negocio: Speaking Spanish can help improve your business

Article Abstract:

Spanish is the second most important language for conducting business after English in South Florida as in many parts of the United States. Ford Lauderdale-based language school Talk International has created a customized program called "Spanish for Car Dealerships" which is aimed at teaching Spanish to employees at car dealerships and teaching them how to better relate culturally to their Hispanic clients.

United States, Methods, Evaluation, Economic aspects, Study and teaching, Learning, Spanish language, Teaching models, Hispanic culture, Diversity training

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