Competency-based compensation and equitable profit sharing

This paper is about the promotion of industrial peace where labor and management work hand in hand to succeed in their business. The frameworks on competency-based compensation and equitable profit sharing are meant to distribute the wealth generated by businesses equitably and to efficiently manage...

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Main Authors: Manalo, R. G., Manalo, M. D. Valenzuela-
Format: text
Published: Animo Repository 2010
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Online Access:https://animorepository.dlsu.edu.ph/faculty_research/2857
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Institution: De La Salle University
id oai:animorepository.dlsu.edu.ph:faculty_research-3856
record_format eprints
spelling oai:animorepository.dlsu.edu.ph:faculty_research-38562021-11-17T09:09:59Z Competency-based compensation and equitable profit sharing Manalo, R. G. Manalo, M. D. Valenzuela- This paper is about the promotion of industrial peace where labor and management work hand in hand to succeed in their business. The frameworks on competency-based compensation and equitable profit sharing are meant to distribute the wealth generated by businesses equitably and to efficiently manage the business in terms of cost and productivity. In this manner, prosperity will be achieved even in developing countries where gap between the very rich and the very poor is beyond imagination. Profit maximization is given a special meaning in this study. It is no longer just about shareholders' wealth but that of all stakeholders' interests. ©2010 IEEE. 2010-12-01T08:00:00Z text https://animorepository.dlsu.edu.ph/faculty_research/2857 Faculty Research Work Animo Repository Wage payment systems Profit-sharing Labor Economics
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
topic Wage payment systems
Profit-sharing
Labor Economics
spellingShingle Wage payment systems
Profit-sharing
Labor Economics
Manalo, R. G.
Manalo, M. D. Valenzuela-
Competency-based compensation and equitable profit sharing
description This paper is about the promotion of industrial peace where labor and management work hand in hand to succeed in their business. The frameworks on competency-based compensation and equitable profit sharing are meant to distribute the wealth generated by businesses equitably and to efficiently manage the business in terms of cost and productivity. In this manner, prosperity will be achieved even in developing countries where gap between the very rich and the very poor is beyond imagination. Profit maximization is given a special meaning in this study. It is no longer just about shareholders' wealth but that of all stakeholders' interests. ©2010 IEEE.
format text
author Manalo, R. G.
Manalo, M. D. Valenzuela-
author_facet Manalo, R. G.
Manalo, M. D. Valenzuela-
author_sort Manalo, R. G.
title Competency-based compensation and equitable profit sharing
title_short Competency-based compensation and equitable profit sharing
title_full Competency-based compensation and equitable profit sharing
title_fullStr Competency-based compensation and equitable profit sharing
title_full_unstemmed Competency-based compensation and equitable profit sharing
title_sort competency-based compensation and equitable profit sharing
publisher Animo Repository
publishDate 2010
url https://animorepository.dlsu.edu.ph/faculty_research/2857
_version_ 1718383279294382080