India's employees say profit sharing would boost productivity
According to the latest survey from workforce solutions leader Kelly Services®, almost three-quarters of India’s workers surveyed believe they would be more productive if they were able to share in profits or have an ownership stake in their employer’s business. The findings are part of the Kelly Global Workforce Index, which obtained the views of approximately 134,000 people, including more than 4,000 in India. The survey also found that 56% of workers are currently in an arrangement where some of their pay is tied to performance targets. Baby Boomer employees (aged 48-65) are more likely to be on some form of performance-based pay than those in the Gen Y (aged 18-29) and Gen X (aged 30-47) generations. However, of those not receiving performance pay, almost half (48%) say they would be more productive if they had their earnings linked to performance outcomes.