Profit Sharing and Productivity: Further Evidence from the Chemicals Industry

• Published in: Industrial relations (Berkeley) Vol. 33; no. 4; pp. 452 - 466
• Main Author: SHEPARD III, EDWARD M.
• Format: Journal Article
• Language: English
• Published: Oxford, UK Blackwell Publishing Ltd 01.10.1994; Wiley Subscription Services, Inc
• Subjects: Chemical industry; Compensation; Cooperation; Impacts; Incentive plans; Manufacturing; Motivation; Production functions; Productivity; Profit sharing; Profit sharing plans; Profits; Revenue sharing; Studies; Workers; United States > US

Profit sharing potentially augments productivity by affecting motivational variables that promote group norms favoring effort. A factor augmentation model of production is developed to measure the impact of profit sharing on productivity using a test industry in U.S. manufacturing. The model is appl...