2016
DOI: 10.5771/0935-9915-2016-4-219
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The relationship between profit-sharing schemes and wages: Evidence from French firms

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“…The evidence suggests that it usually complements rather than substitutes for wages. Recent French studies find that establishments with financial participation have higher base and total wages (Baghdadi et al 2013;Floquet et al 2016). It is difficult to use share ownership schemes for wage substitution because they nearly always operate independently of wages and salaries.…”
Section: Exposure Of Employees To Risk and Wage Substitutionmentioning
confidence: 99%
“…The evidence suggests that it usually complements rather than substitutes for wages. Recent French studies find that establishments with financial participation have higher base and total wages (Baghdadi et al 2013;Floquet et al 2016). It is difficult to use share ownership schemes for wage substitution because they nearly always operate independently of wages and salaries.…”
Section: Exposure Of Employees To Risk and Wage Substitutionmentioning
confidence: 99%