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Denis Collins believes that participatory management systems are inevitable in democratic societies because they are ethically superior to authoritarian management systems. Managers must begin to share decision making and economic outcomes with their employees if they want to obtain long-term efficiency and effectiveness in a competitive business environment. Changes in power relationships are bound to occur in the transitional period, Collins reports, and will challenge the flexibility of management.Scanlon Plans were developed in the 1930s as a way to link improvements in productivity to employee wages. Popular because of the large amount of employee involvement in their design, Scanlon Pl...
"...contains a great deal of data and some interesting ideas...a very good job of pointing out what is required to get maximum advantage of gain sharing and profit sharing, as well as the reasons for the failure of most of the plans." --PERSONNEL PSYCHOLOGY
This book is for consultants, internal and external, plus senior executives, interested in designing and implementing gain sharing plans that work. Well-designed gain sharing, developed through participative means, is a glue that binds and integrates teams into a single cohesive whole. This book lays out the challenges of using the framework of gain sharing and its mechanisms for unleashing the productive and creative power of a big team in an organisation (the organisation can still be a small one), where the big team is the sum of all parts of the organisation, or even the organisation extended to its suppliers and customers. It's often difficult to bring all the teams, departments, and units together to work as a cohesive whole. How to go about tackling this challenge? And how to enhance the original philosophy of gain sharing? This methodology can make an accomplished addition to your kit of tools.
Revised and rewritten to take account of the new academic standards that will be taught from September 2002, this text examines the many forces influencing decisions about pay - market forces, economics, corporate culture and strategy, to name a few. It provides clear guidance on all remuneration issues, including job evaluation, grading structures, performance management, profit-related pay, benefits and reward for particular groups. By starting from first principles and adopting an integrated approach, Employee Reward provides a definitive overview of the whole process.
A practical handbook designed to provide guidance on the approaches that can be adopted in developing and managing reward strategies, policies and processes. Aligned to the CIPD's professional standards for employee reward, this book is an essential aid for students and lecturers as well as a practical aid for those concerned with developing and managing reward systems. Included is a lecturer's CD-Rom resource providing screens of key points to accompany the book. The book is written in a highly readable style and contains many check lists, diagrams and summaries.