What is profit sharing?
The advantages of profit sharing in companies is a system where employees receive a portion of the company's profits and staff is in the same position as shareholders. The Advantages are improved loyalty to the company and mesh Management with Staff. The employees are more willing to accept changes within their working practices because it decreases costs for the company and increases the profit margin.The Disadvantages are that the share given to employees is often too small to provide essential incentive. The employees may feel that no matter how hard they work it will not show a noticeable effect on the companies profit margin so this leads to no incentive.i like fluffy ginger pubes
No comments:
Post a Comment