Abstract
The concept that employees might be paid in part out of profits is not new. The German economist Johann Heinrich von Thünen proposed theoretical arguments for profit sharing as early as 1850 (Thünen, 1850). First profit sharing plans in the United States were reported in 1794 (Coates, 1991).
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References
Jirjahn (2000) shows that in a work organization characterised by multi-dimensional tasks, profit sharing has advantages over piece rates as well as fixed wages.
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© 2007 Deutscher Universitäts-Verlag | GWV Fachverlage GmbH, Wiesbaden
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(2007). Definition, Incidence and Determinants of Profit Sharing. In: Profit Sharing and Company Performance. Gabler. https://doi.org/10.1007/978-3-8350-5508-7_2
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DOI: https://doi.org/10.1007/978-3-8350-5508-7_2
Publisher Name: Gabler
Print ISBN: 978-3-8350-0896-0
Online ISBN: 978-3-8350-5508-7
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