InDaily.com.au (Australia):
Unions should evolve to reflect enterprise
2 August 2016
Professor Saul Estrin of the London School of Economics has shown, for example, that an increase in the level of employee participation in the running of an enterprise from zero to full participation increases output by 12 per cent, on average. His review of the evidence suggests that increased employee participation in profits, in shares or in decision-making is typically associated with improved industrial relations and organisational efficiency, higher productivity and greater profitability. His own research finds that employment (holding wages constant) is 13 per cent greater in profit-sharing firms because of productivity improvements.
This article was published online by InDaily.com.au (Australia) on August 2, 2016
Link to article here
Related links
Saul Estrin webpage
Growth Programme webpage
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