financial participation

financial participation

the participation of employees in the profits (PROFIT SHARING) or the equity capital (EMPLOYEE SHARE OWNERSHIP PLAN) of their employing organizations. In some countries employees may participate in the financial returns of their company by being granted convertible bonds (CONVERTIBLE LOANS). GAINSHARING may also be seen as a form of financial participation. The objectives of financial participation include the provision of incentives to employees, the encouragement of ORGANIZATIONAL COMMITMENT, and redistribution of income and wealth.

See ENTERPRISE MANAGEMENT INCENTIVE SCHEME, SAVE-AS-YOU-EARN SHARE OPTIONS, SHARE INCENTIVE PLAN.

References in periodicals archive ?
Of course, the participation of Sofia Municipality, the financial participation, is also essential.
But of course if we can have a more rounded financial participation in our business here, we do welcome that.
Companies and entities in which the city of tampere exercises control or whose financial participation is significantly involved may make purchases under the terms of this agreement.
He said Chabahar port never meant rivalry to any other phenomenon, asking for greater cooperation and financial participation in the port's development.
Bolster Financial Participation - As per RBI, 505 of Indian adults have bank accounts and rest who do not are aware about giving higher rates of interests thus there is all the more need to put efforts to improve financial literacy.
They discuss the relationship among business cycles, alternative forms of ownership, and employee voice in manufacturing, industrial companies, performing arts companies, and banks, and specific aspects of these firms in terms of the relationship between ownership and innovation and how financial participation and group incentives affect employee attitudes and work effort, including organizational citizenship behavior and reduced shirking in the workplace.
The joint venture exercise would ensure greater participation of state governments in implementation of Railway projects, both in terms of financial participation as well as decision making process.
The co-operation will be in data, sales and also financial participation," Chauhan said.
By redesigning the relationship between financial institutions and customers, we will provide banking services to all communities in the country and raise the levels of financial participation.
physical square feet rather than financial participation, whilst adhering to the basic tenets of a defined use of funds, appropriate security and monitoring as well as ensuring developer alignment and project completion-key risks that are tail buyer in the open market would want to address.
The project had been stalled due to a dispute between Nautilus and the state regarding the state's financial participation in the project.
The future free trade agreement (FTA) currently negotiated by the EU with Vietnam must allow EU banks and insurers to expand their financial participation in local companies, the European service industry says.

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