Co-ownership incentive scheme or profit sharing schemes, Cost Accounting

Co-ownership incentive scheme or Profit Sharing Schemes

The organization permits for ownership whereby the employees are permitted to own a percentage of the shares in the firm and thus, have in the company's profits. It converts employees from mere salary seekers to individuals who such are part of the organization. They will be directly affected through the decisions taken in the firm in earnings in form of changes per share and also dividends per share. In form of security, guarantees or loan the Company may offer financial assistance if possible.

Posted Date: 2/5/2013 6:27:17 AM | Location : United States







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