How to Reward the Employees through Different Models of Ownership Participation
A good and efficient motivation of employees is in the interest of every company and can be realised with the competent and successful leadership and good relations among workers in a company. Namely, their motivation is the key factor for the long-term success. The more the employees feel respected in a company, the more they contribute to the positive results of said company.
Rewarding the employees is a field that should be systematically organised in every company because it is this appropriate system of rewarding that can significantly contribute to their successful work and consequently the operation of the company as such. Usually, the main question that a company has to deal with is how to reward the employees in accordance with their importance to an organization.
The Slovenian Business Club organised a round table for this exact purpose, at which experiences of the members who already have such systems in place in their companies were shared on the topic ˝Rewarding the employees through different models of ownership participation”. Dr Mirko Mušič, an expert on the topic, spoke openly about the discussed subject and illustrated his ideas with numerous good practice examples of how various models of ownership participation were successfully implemented in Slovenia and abroad where this is a standing practice.
Participants at the round table – besides Dr Mušič – included Andrej Ržišnik and Gregor Rožman, who presented in detail the implementation of the partnership model in the company Ržišnik Perc, and Aleš Okorn, who introduced the existing partnership model in the company Paradajz.
From the Sibinčič Križanec Medak Law Firm, we welcomed Jan Sibinčič, an expert in the field of corporate law, who prepared several baselines on the discussed subject about various possibilities of rewarding and challenges appearing around the co-ownership of managers/employees. We also studied the most beneficial options regarding the Slovenian tax legislation and debated the subject in question in depth, as well as supported it with practical advice which should be of great help to all participants who increasingly and continuously have to deal with this issue in their companies and organizations.