Effects of ProfitSharing on Employees in the Corporate Environment in the United Kingdom

The literature review section explores existing knowledge on profit sharing, its use in organizations, and its significance. An online search for existing literature, profit sharing, trends in profit sharing, benefits of profit-sharing, and attitudes towards profit sharing are used in recruiting literature for review. The research seeks to investigate the motivational role of profit sharing among employees in the organization and this extends to perception by an organization that profit is a motivator and that influences organizations decision to implement profit-sharing plans as well as the degree of shared profits.

Maslow’s hierarchy of need’s theory informs the study. According to the theory, human needs are unlimited, organized in classes, and satisfied in the order of classes. An individual seeks to satisfy needs at the lowest class and once all are satisfied, the focus is made on needs at the next class. Profit-sharing identifies a higher level of needs, which could be associated with an affiliation or self-esteem needs, and this paper seeks to understand its significance, over consistent motivational factors to lower classes of needs (Koontz 2010, p. 289). A mixed research method is proposed with phenomenology and survey as research designs. The research methodology section explains and justifies proposed methods, designs, data collection approach, and procedure, research sample and sampling, ethical issues, and proposed data analysis.

The research sought to investigate the motivational role of profit sharing among employees in the organization and this extends to perception by the organization that profit is a motivator and that influences organizations decision to implement profit-sharing plans as well as degree of shared profits.

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