Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Partners
Forbes: Master Class: America's Top CEOs On The Secrets Of Motivating Employees
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Black_6_Leader" data-source="post: 1214004" data-attributes="member: 9413"><p><a href="http://www.forbes.com/sites/meghancasserly/2013/10/15/master-class-americas-top-ceos-on-the-secrets-of-motivating-employees/" target="_blank">Master Class: America's Top CEOs On The Secrets Of Motivating Employees - Forbes</a> </p><p></p><p>Other CEOs have more strategic plans to help motivate employees to be more productive. At <strong><a href="http://www.forbes.com/companies/sturm-ruger/" target="_blank">Sturm, Ruger</a> & Company</strong>, that means profit sharing. “We allocate 15% of the pretax profits every quarter to profit sharing,” says <strong>CEO Mike Fifer.</strong> “The first year it averaged less than 5% of pay and… now it is more than 30% of pay and everyone is paying attention and pulling together in the same direction. Typically this sort of incentive takes a couple of years to take root in an organization; <u><em><strong>junior participants have to trust that it is real, non-arbitrary, and here for the long term</strong></em></u>. As a manager, you know it is starting to work when a junior employee takes independent initiative to save expenses or to push for higher efficiency. Once the employees of an organization believe in the profit sharing, it becomes an incredibly important driver of day-to-day performance.”</p><p></p><p></p><p> Hmmmm I remember another company that used to think like this....</p></blockquote><p></p>
[QUOTE="Black_6_Leader, post: 1214004, member: 9413"] [url=http://www.forbes.com/sites/meghancasserly/2013/10/15/master-class-americas-top-ceos-on-the-secrets-of-motivating-employees/]Master Class: America's Top CEOs On The Secrets Of Motivating Employees - Forbes[/url] Other CEOs have more strategic plans to help motivate employees to be more productive. At [B][URL="http://www.forbes.com/companies/sturm-ruger/"]Sturm, Ruger[/URL] & Company[/B], that means profit sharing. “We allocate 15% of the pretax profits every quarter to profit sharing,” says [B]CEO Mike Fifer.[/B] “The first year it averaged less than 5% of pay and… now it is more than 30% of pay and everyone is paying attention and pulling together in the same direction. Typically this sort of incentive takes a couple of years to take root in an organization; [U][I][B]junior participants have to trust that it is real, non-arbitrary, and here for the long term[/B][/I][/U]. As a manager, you know it is starting to work when a junior employee takes independent initiative to save expenses or to push for higher efficiency. Once the employees of an organization believe in the profit sharing, it becomes an incredibly important driver of day-to-day performance.” Hmmmm I remember another company that used to think like this.... [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Partners
Forbes: Master Class: America's Top CEOs On The Secrets Of Motivating Employees
Top