Purpose – The purpose of this paper is to explore how various performance related pay (PRP) schemes influence employee turnover. It also tests whether profit sharing has a differential impact on turnover in comparison to other forms of PRP. Design/methodology/approach – Utilizing a...

Using a random sample of 49 UK engineering companies, the influence of profit sharing, share‐option schemes and the perceived degree of employee participation in decision making on inter‐firm labour absenteeism rates are investigated. After controlling for a number of firm‐specific...

The challenge facing human resource/compensation professionals in the people‐intensive, high‐technology industry, will be the development of a model and strategy intended to respond to the specific needs of unique professionals engaged in high growth organisations. This article examines the...

Recent policies designed to promote profit sharing in Great Britain are surveyed. Evidence on the extent of profit sharing in Britain is presented, and the economic impact of such schemes is assessed. It is found that there is little strong evidence to support the notion that profit sharing...

In the last 15 years, legislation has been passed in many Western European countries clarifying the tax treatment of stock options. The intent of the legislation has been to encourage holders of stocks and shares to take a long‐term investment outlook. A general background to how these stock...

Reports that, unlike Western commercial banks, Islamic banks are prohibited by Islamic precepts to receive or pay interest, inter alia, in all their transactions. Argues that the Basle capital adequacy ratio (CAR), which was implemented in 1992 by regulatory authorities in many countries, is...

Examines the implementation of profit sharing and employee ownership schemes, uses some case examples to show how the popularity of these concepts has grown over the years. Presents the results of recent research on top management views of such schemes, which show a high percentage of managers...

Purpose – The purpose of this paper is to explore the effects of varying motivation induced by financial incentives and common uncertainty caused by time pressure on audit judgment performance. Design/methodology/approach – The experimental method is used to examine how financial incentives...

Analyses the factors that influence the adoption by Spanish manufacturing firms of incentive schemes that link blue‐collar workers’ pay to the results achieved by the organisation for which they work. In pursuing this aim information from 719 manufacturing plants, each with at least 50...

Purpose – This paper aims to addresses the question how a low-cost carrier (LCC) embedded in a coordinated market economy is succeeding in a highly competitive industry with a strong cost focus. Design/methodology/approach – This paper reports the results of a case study of a LCC (Norwegian...