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Financial participation and recruitment and retention: causes and consequences

Richter, Ansgar and Schrader, Susanne (2016) Financial participation and recruitment and retention: causes and consequences The International Journal of Human Resource Management, 28 (11). pp. 1563-1590.

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Using a sample of over 5000 establishments in Germany, we analyze the antecedents and effects of profit sharing (PS) and employee share ownership (ESO) with respect to the ability of firms to meet their recruitment and retention objectives and to achieve employment growth. We draw on both economic and behavioral perspectives to argue that firms that adopt PS and ESO plans do so in order to attract and retain employees. Using logistic regression and a propensity score matching technique, we find that firms that face higher recruitment problems, and those that have greater employment growth objectives, are more likely to use ESO and PS. Unlike ESO, PS enhances firm-level employment growth. However, neither ESO nor PS help firms to fully resolve recruitment and retention problems.

Item Type: Article
Divisions : Faculty of Arts and Social Sciences > Surrey Business School
Authors :
Schrader, Susanne
Date : 10 January 2016
DOI : 10.1080/09585192.2015.1128456
Copyright Disclaimer : © 2016 Informa uK limited, trading as Taylor & francis group.
Uncontrolled Keywords : Profit sharing; Employee share ownership; Recruitment; Retention; Employment growth
Depositing User : Clive Harris
Date Deposited : 14 Dec 2017 08:57
Last Modified : 16 Jan 2019 19:06

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