as the holder of Management Shares the prescribed particulars of which ...
| 18:41 Aug 26, 2016 |
| English to French translations [PRO] Bus/Financial - Management / Assets Management | |||||||
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| 4 -1 | comme le titulaire des actions accordées aux directeurs et dont les particularités |
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| Discussion entries: 3 | |
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Answers
1 hr confidence: 
peer agreement (net): -1
peer agreement (net): -1| as the holder of management shares the prescribed particulars of which ... comme le titulaire des actions accordées aux directeurs et dont les particularités Explanation: my take -------------------------------------------------- Note added at 2 days5 hrs (2016-08-28 23:42:35 GMT) -------------------------------------------------- Management's share of profits The share of profits paid to the management, or to the Board of Directors is sometimes called the tantième.[2] This French term is generally applied in describing the business and finance practices of certain European countries, including Germany, France, Belgium, and Sweden. It is usually paid in addition to the manager's (or director's) fixed salary and bonuses (bonuses usually depend on profits as well, and often bonuses and tantieme are treated as the same thing); laws vary from country to country. USA Profit-sharing agreement (USA) In the United States, a profit sharing plan can be set up where all or some of the employee's profit sharing amount can be contributed to a retirement plan. These are often used in conjunction with 401(k) plans. Gain sharing Gain sharing is a program that returns cost savings to the employees, usually as a lump-sum bonus. It is a productivity measure, as opposed to profit-sharing which is a profitability measure. There are three major types of gainsharing: Scanlon plan: This program dates back to the 1930s and relies on committees to create cost-sharing ideas. Designed to lower labor costs without lowering the level of a firm's activity. The incentives are derived as a function of the ratio between labor costs and sales value of production (SVOP). Rucker plan: This plan also uses committees, but although the committee structure is simpler the cost-saving calculations are more complex. A ratio is calculated that expresses the value of production required for each dollar of total wage bill. Improshare: Improshare stands for "Improved productivity through sharing" and is a more recent plan. With this plan, a standard is developed that identifies the expected number of hours to produce something, and any savings between this standard and actual production are shared between the company and the workers.[3] |
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