| Summary: | 碩士 === 國立中央大學 === 人力資源管理研究所 === 89 === Taiwan’s high-tech companies have been growing rapidly in the past decade. Profit sharing programs, which are able to attract and retain high quality employees for high-tech firms, have been thought as one of the key successful factors of Taiwan’s high-tech firms.
This conclusion might be a wise guess, since we don’t have enough empirical results on this issue. There are very few empirical studies concerning about the effects of profit sharing programs on organizational productivity in Taiwan’s high-tech firms. In order to fill this research gap, this study collected data from one hundred and thirty-three high-tech firms to examine the productivity effects of profit sharing programs.
This study tested the effects of two types of profit sharing programs — cash bonus and stock awards plans. The results indicated that firms with both types of profit sharing programs did not perform better than firms without these group incentive programs. Further, we compared the productivity effects on cash with stock, and found that cash had better productivity effect than stocks awards. However, the cash value of stock awards was positively and significantly related to the organizational productivity. It may suggest that the size of profit share in relation to employee compensation has a higher motivational effect.
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