Title

Profit Sharing: Does It Make a Difference?: The Productivity and Stability Effects of Employee Profit-Sharing Plans

Year

1993

Abstract

Kruse details the reasons profit sharing plans are implemented and the systemic factors within firms, particularly in relation to unions, that influence whether or not they are successful. Presented is evidence based on a unique database developed from 500 public U.S. firms - matched to firm performance over the period of 1979-1991 - on the two central theories related to profit sharing: 1) The Productivity Theory, and 2) the Stability Theory

Contents

  1. Introduction, Trends, and Data Description
  2. Prediction of Profit Sharing
  3. The Productivity Theory
  4. The Stability Theory
  5. Summary, Conclusions, and Policy Implications

ISBN

97780880991384 (cloth) ; 9780880991377 (pbk.)

Subject Areas

EMPLOYMENT and COMPENSATION; Job security; Job stability; Wages and benefits