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Escrow Account
A financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction.
Profit Sharing Plan
A compensation structure where employees receive a share of the company's profits, usually allocated as part of their annual income.
Scanlon
A participative management approach that focuses on employee involvement in problem solving and decision making related to productivity improvement and cost reduction.
Rucker Plans
A profit-sharing plan where employee pay is linked to the productivity or profitability of a company, encouraging increased worker output and company success.
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