Sample Essay on:
Will implementation of an Employee Share Ownership Plan Improve Efficiency and Profitability

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Essay / Research Paper Abstract

This 40 page paper considers is the implementation of an Employee Share Ownership Plan (ESOP) in a company is likely to improve efficiency and profitability. The paper looks at how this may be seen as motivation, as a tool of financial reward and a symbol of commitment as well as a tool by which the employee becomes a different type of stakeholder. The paper considers different theories of motivation and looks at the way in which financial rewards may or may not act as a motivator. The paper ends with a conclusion. The bibliography cites 17 sources.

Page Count:

40 pages (~225 words per page)

File: TS14_TEeeshare.rtf

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Unformatted sample text from the term paper:

as a Motivator 24 2.2.1 The Rewards to Employees 24 2.2.2 The Rewards to Managers 36 3. CONCLUSION 39 REFERENCES 42 1. Introduction In todays commercial environment all firms, whether large or small, need to maximise their use of resources to increase the return they are creating. This may be a matter of survival for some firms and a source of competitive advantage for others. Where the company is publicly listed there will be pressures from the shareholders who make the investment for a return and except to see management running a firm efficiently so that it will grow and prosper to give capital and income results. For non listed companies their are not the same external pressures, but this does not eliminate the way in which value needs to be created sure as increasing productivity or increasing innovation. With increased competition occurring as the result of many falling barriers to trade, such as international agreements and decreasing trade traffic, the development and implementation of information technology for example, the internet as a strategic tool, there is the need to compete with more parties. These are not only with local or national companies but also with international companies where there may be national comparative and competitive advantages. If these pressures are the same, or at least similar in all businesses, there needs to be a greater level of attention paid in the way a firm operates and how value may be added to help them compete. One resource and also potential source of resources are the employees. The management of human capital can increase the way in which value is created as well as help develop innovation and be the source of a competitive advantage. There are many companies, from Hewlett Packard to The Walt Disney Company, where the competitive advantages originate directly ...

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