• The company also encourages employee participation in this process through small groups in which workers discuss ideas.
• There is a high level of employee participation through an employee share ownership plan.
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Financial and business terms. 2012.
employee participation — 1) The encouragement of motivation in a workforce by giving shares in the company to employees. Employee shareholding (see employee share ownership plan) can be an important factor in improving industrial relations. 2) The appointment to a board… … Big dictionary of business and management
Employee voice — refers to the participation of employees in influencing corporate decision making. Employees are given a voice through informal and formal means to minimise conflict, improve communication and encourage staff retention through motivation and fair … Wikipedia
employee involvement — emˌployee inˈvolvement noun [uncountable] HUMAN RESOURCES ways of making employees feel more interested in their work so that they produce more, produce work of better quality etc: • With more employee involvement in workplace functions such as… … Financial and business terms
Employee ownership — occurs when a corporation is owned in whole or in part by its employees. Employees are usually given a share of the corporation after a certain length of employment or they can buy shares at any time. A corporation owned entirely by its employees … Wikipedia
Employee Democracy — articleissues cleanup=August 2008 tone=August 2008 refimprove=August 2008Employee Democracy is a term initiated by Dean Adams Curtis to combine the concept of the employee owned corporation with the ideas underpinning workplace democracy,… … Wikipedia
participation — An agreement between lenders to share a commitment to extend funds (if any), the extension of funds, and the credit risk for one or more credit facilities to a borrower. Almost always evidenced by a written agreement. American Banker Glossary The … Financial and business terms
Employee exit management — is the process used within many businesses to terminate employees in a professional manner. It applies to employees who have resigned and those that have been terminated by the company. It is the opposite of an induction programme which is the… … Wikipedia
employee share scheme — a scheme for sharing company profits with employees with the object of conferring on them a participation in the company in the hope of engendering greater commitment from them. Schemes operate either by distributing shares already paid up by the … Law dictionary
Employee Retirement Income Security Act — The Employee Retirement Income Security Act of 1974 (ERISA) (USStatute|93|406|88|829|1974|09|02) is an American federal statute that establishes minimum standards for pension plans in private industry and provides for extensive rules on the… … Wikipedia
employee — noun ADJECTIVE ▪ paid, salaried ▪ full time, part time ▪ We have around 100 full time employees. ▪ hourly (= paid per hour of work) (AmE) … Collocations dictionary
