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The bonus levels in Lincoln far exceeded those of industry peers and were based on their contributions in the form of output, ideas, cooperation, dependability and quality. Consequently, the benefits provided by Lincoln were not extensive as they saw higher wages as substitutes for things such as insurance, and workers were also in a better position to decide their own benefits. All these elements combined gave workers a sense of ownership in the company and motivated them to work harder as entrepreneurs rather than mere workers. It also helped that Lincoln's managers strove to build a sense of trust with the workforce thereby reducing the need to form unions as well as enhancing their willingness to abide by company policies...
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Common topics in this essay:
- abe lincoln
- Case of Lincoln Electric Company
- Functions Of The Irish Labour Relations Commission And Labour Court
- History of U.S. Labour Relations
- Lincoln Electric
- Lincoln Electric
- The Lincoln Electric Company
- abe lincoln
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- Strategy Assignment : Lincoln Electric
- The Labour Relations Commission And The Labour Court
- James, E. M. (1998). Surviving the social and emotional impact of homicidal loss through local community intervention. Unpublished master thesis; Lincoln University, Lincoln University, Pennsylvania
- Labour Relations
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