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Table 3: Pay and HR Measures, by Type of Shared
Capitalism, 2006 |
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All |
Covered by |
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Covered by |
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Hold co. stock |
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Hold stock options |
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profit sharing |
gainsharing |
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No |
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Yes |
No |
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Yes |
No |
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Yes |
No |
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Yes |
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| Fixed pay relative to market |
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Lower |
32.4% |
37.6% |
* |
24.1% |
36.8% |
* |
20.2% |
32.8% |
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30.9% |
33.2% |
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26.4% |
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Same |
46.9% |
44.1% |
* |
51.2% |
45.9% |
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49.2% |
47.6% |
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43.5% |
46.4% |
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49.7% |
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Higher |
20.7% |
18.3% |
* |
24.8% |
17.2% |
* |
30.5% |
19.6% |
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25.6% |
20.4% |
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23.8% |
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| Employee involvement team |
30.2% |
23.1% |
* |
42.1% |
25.2% |
* |
44.7% |
27.5% |
* |
43.0% |
29.1% |
* |
41.6% |
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| Self-directed work team |
33.3% |
27.2% |
* |
43.8% |
28.0% |
* |
48.7% |
32.3% |
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38.6% |
32.4% |
* |
44.0% |
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| Training in past year |
47.3% |
39.6% |
* |
59.0% |
40.0% |
* |
66.5% |
43.6% |
* |
64.8% |
45.0% |
* |
70.2% |
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| How hard co-workers work |
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Mean of 0-10 scale |
7.15 |
7.00 |
* |
7.35 |
7.06 |
* |
7.36 |
7.11 |
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7.27 |
7.11 |
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7.39 |
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Not hard (0-3) |
6.9% |
8.2% |
* |
4.9% |
7.5% |
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5.4% |
7.3% |
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5.1% |
7.2% |
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3.8% |
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Somewhat hard (4-6) |
27.0% |
29.2% |
* |
23.5% |
28.3% |
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23.6% |
28.1% |
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22.4% |
27.6% |
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22.8% |
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Hard (7-10) |
66.2% |
62.5% |
* |
71.6% |
64.2% |
* |
71.0% |
64.6% |
* |
72.5% |
65.1% |
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73.5% |
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| Ease of seeing co-workers work |
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Mean of 0-10 scale |
7.93 |
7.87 |
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8.06 |
7.87 |
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8.15 |
7.91 |
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8.03 |
7.88 |
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8.47 |
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Difficult (0-3) |
11.4% |
11.9% |
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10.6% |
12.0% |
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9.6% |
11.0% |
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13.3% |
11.9% |
* |
5.2% |
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Somewhat easy (4-6) |
10.6% |
12.1% |
* |
7.8% |
11.3% |
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8.3% |
11.6% |
* |
6.3% |
10.8% |
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9.7% |
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Easy (7-10) |
77.9% |
76.0% |
* |
81.6% |
76.7% |
* |
82.1% |
77.4% |
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80.3% |
77.3% |
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85.1% |
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| Percent of employee ownership |
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| bought with employee savings |
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| or money from wages |
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Mean |
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43.2% |
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Median |
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50.0% |
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0% |
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28.2% |
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1-33% |
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19.3% |
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34-66% |
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17.5% |
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67-99% |
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12.1% |
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100% |
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23.0% |
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| Sample size |
1173 |
704 |
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447 |
847 |
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304 |
957 |
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207 |
1035 |
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113 |
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| *
Difference between those with this type of shared capitalism and all other
employees is significant at the 95% level. |
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