2008 | OriginalPaper | Buchkapitel
Profit Sharing and Works Councils: Substitutes or Complements?
Erschienen in: Profit Sharing and Company Performance
Verlag: Gabler
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A key factor determining the success of a profit sharing scheme which has so far only been touched upon briefly in this study, is the climate between management and employees. A cooperative and trustful climate contributes to a greater sense of identification of the work force with the company’s interests thus encouraging higher motivation and commitment (Levine and D’Andrea Tyson, 1990). This is where alternative modes of worker participation come into play which explicitly aim at establishing a cooperative climate.