How does John Lewis profit sharing with their employees benefit the Literature review

How does John Lewis profit sharing with their employees benefit the company - Literature review Example When the employees get the feelings of ownership, they increase their contribution toward the business profitability. The profit sharing approach works best when the business and the management educate the employees in understanding the business challenges hence work hard to get solutions. There are two way communications that create a hardworking culture; employee involvement and flat management (Melton, Smith & Yates 2008). In this strategy, the employer provides the employees cash and bonuses. The employer pays the workers extra money depending on either their individual level of performance or the company’s performance level. The management will have to deduct the extra payment as an expense but will pay income tax from that amount (Latta 2005). A company can also award the performance-based incentive in the form of deferred compensation plan. In such a strategy, the employer will add a bonus amount to a pension scheme followed by a deduction of the contribution. The employee will then have to pay the income tax that the contribution amounts to when he/she receives the money from the trust. Various researches indicate that cash reward strategies give better productivity motivation than the deferred compensation plans. The difference is explained by the immediacy resulting from the positive behavior reinforcement (Hallman & Rosenbloom 2003). The last method that a business can use in this strategy is the stock option. Developing companies can use this process, but should be in markets that are growing fast. The company awards the employees the opportunity to buy shares at a specified period at a set price. The employees wait until the company executes the plan in order to start getting the benefits. The company offers stock option as a bonus to employees for inclusion in the profit sharing plan (Gitman & Joehnk 2005). One of the major benefits of this strategy is that it is cheap and flexible while implementing. The employer can

Facebook Influence Research Paper Example | Topics and Well Written Essays - 250 words

Facebook Influence - Research Paper Example und to have an influence on the personality, as people have learnt to share the happenings of their life, their state of mind, mood swings and vent out their stress and hard feelings, without having to wait for a live audience or an opportune time. Spending time on Facebook is also found to be a way of overcoming the shyness and inhibitions posed by direct communication methods. It is a way of opening up a person’s personality, making him/her more socially overt and expressive. This is done to the extent of revealing private information, but for the widely published consequences of disclosing such data (Aral, and Walker 337-41). An analysis of the site brought forth the proposition that female users are more influenced by it and consider Facebook an essential part of their daily routine as compared to their male counterparts. The social well-being of women is influenced by the usage of Facebook, as they feel more related to their distant friends and relatives through the site. This is all the more true in case of people in single and divorced status. Another vital observation on the influence of Facebook is that it is leading to a wave of networked progression of culture, interactions and connections (Aral, and Walker 337-41). These factors are in turn making way for a certain amount of uniformity among the users, as social networking has become a vehicle for dissemination of behavioral modes and