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HireScores.com Recruitment ForumForum CommunityNews & Information (Moderator: Forum Management)Employee Ownership Schemes Boost Productivity
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« on: November 19, 2010, 09:45:53 PM »

More than half (53%) of UK workers claim they would be more productive if they were able to share in profits or have an ownership stake in their employer's business, according to research from Kelly Services.

The Kelly Global Workforce Index surveyed roughly 134,000 people in 29 countries, including almost 6,000 in the UK.

The survey also found 30% of UK workers have some form of performance-related pay, with Gen Y (aged 18-29) and Gen X (aged 30-47) employees more likely to be paid in this way than those in the Baby Boomer generation (aged 48-65).

Of those not receiving performance pay, more than a third (36%) say they would be more productive if they had their earnings linked to performance, with Gen Y the group most in favour of such arrangements.
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Gota
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« Reply #1 on: November 19, 2010, 10:13:47 PM »

Course they would cos they'd be getting more of the profits!
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Jonathan
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« Reply #2 on: November 20, 2010, 04:13:52 PM »

I agree this is pretty obvious. If you have a stake in a company rather than are simply making money for the higher ups you're bound to care more about the work you do.

Well.

I think.

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« Reply #3 on: November 24, 2010, 11:42:37 AM »

It is amazing that even in this day and age, people are being paid to do surveys which the results are blatently obvious!
 I am amazed the % was only 53%!  Just shows that a lot of people are very lazy!
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Gota
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« Reply #4 on: November 26, 2010, 02:58:31 PM »

Good point. 53% is way low when you consider the survey topic.
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Bob
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« Reply #5 on: November 26, 2010, 06:11:49 PM »

I would've thought it would actually be 100%.
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« Reply #6 on: November 30, 2010, 03:17:34 PM »

I would've thought it would actually be 100%.

do you mean 100% of people are lazy?  lol
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« Reply #7 on: December 03, 2010, 03:54:56 PM »

Lol. I meant 100% of people should want a stake in the place that they work. But since they don't there are clearly many lazy people out there.

I'm probably one of them  Grin.
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« Reply #8 on: December 04, 2010, 12:29:44 PM »

We had a profit related pay scheme.  Quite good a maximum 12.5% of annual salary.
Then the employer deducted his NI contribution from the payment.  (Making it about 10.5%) They paid a third of it at year end and the two thirds six months later.

Come the "credit crunch"  they reduced the payment to 5% and stopped pay rises and the separate discretionary bonuses. 

Moral is DONT TRUST EMPLOYERS not to move the goal posts.
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