Impact of Profit Sharing on Productivity.

From: Economic Review | Date: April 1, 2001| Author: Hussain, Syed Asad | Copyright information

INTRODUCTION

There are various reward systems by which employees or workers earn money and benefits for performing some specific job, which they performed on the basis of some technical know how, training, experience and sheer physical force.

Traditionally pay system was used to reward or compensate workers. In ancient times, the workers were compensated in kind. Later the workers were compensated through cash on the basis of the time they served. With the gr...

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