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Lincoln Electric’s Incentive Pay System. Lincoln’s approach to motivating . Employees have an avarage of company’s benefits . People think that they own the a part of the company , so they work harder . They hold nearby 50% of outstanding shares.

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Lincoln electric s incentive pay system

Lincoln Electric’s Incentive Pay System


Lincoln s approach to motivating
Lincoln’s approach to motivating

  • Employeeshaveanavarage of company’sbenefits.

  • Peoplethinkthattheyownthe a part of thecompany, so theyworkharder.

  • Theyholdnearby 50% of outstanding shares


What problems does this system create for management and the employees
What problems does this system create for management and the employees

  • Theirsystemallowthemtogettheprofitthecompanies has so ifthereis no benefit

  • In badyears, thewageisdecreased.

  • Even, theylowertheir salaries in ordertoadjustto 30 hours per week.

  • Peopleworkunderpressure.


What types of employees would be happy working at lincoln
What types of employees would be happy working at Lincoln?

  • Hardworkingpeople

  • Workers are lead tosucceed.


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