Examlex
If citizens obtain enough signatures on a petition,a vote is then held deciding whether or not an official may continue to hold office.This is known as a recall.
Scanlon Plan
A participative management approach that focuses on improving productivity and sharing the resulting cost savings with employees.
Collective Stock Options
A form of employee incentive where groups of workers are granted options to buy company stock at a discounted price.
Profit-Sharing Plan
A company program that gives employees a share in the company’s profits based on its quarterly or annual earnings, serving as a tool to motivate and reward employees.
Employee Stock Ownership Plan
A program that provides a company's workforce with an ownership interest in the company through the acquisition of stocks.
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