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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

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Home » Glossary » What is Employee Ownership
What is Employee Ownership   

What is Employee Ownership


Employee Ownership is a conception that has different meanings. In all cases it is considered as a powerful management tool. Employee ownership is associated with the following concepts: 

  • Employee Ownership means making employees the shareholders of companies which they work for. Share options are usually provided as benefits to those workers who are critically important to the company, or to the top managers. There are different types of ownership plans proposed by companies to their employees, depending upon specific corporate policy, size of a company, years of employee service, etc. Making a business co-owned by the employees (whether selling or granting a share) is a sign of respect and a way to motivate their excellent performance. 
  • Employee Ownership may mean responsibility and self-amenability of employees for their tasks and results. If a worker shares ownership upon some results, then this worker is independent (to certain degree) in his or her actions to obtain them: this employee will benefit from success as well as suffer from a loss if work is failed. Sharing of ownership with the employees may mean using the performance-related system of remuneration, along with providing them with more of operative freedom.

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