Sharing stock in private companies
Article Abstract:
The decision by a private company to offer to its employees is a complex issue which requires establishing a value for the stock so it can be sold to employees or bought back at a later date. The considerations applicable to the decision include analyzing widespread information on the firm's financial situation, ownership, and value; determining how stockholder dilution, charges to earnings, and long-term cash obligations will be incurred; and determining how interest by non-owners in purchasing stock will increase. The methods for determining the value of stock include using book value and using an outside appraiser. The methods used by outside appraisers include cash flow, formula value, and appraised value.
Publication Name: Personnel Journal
Subject: Human resources and labor relations
ISSN: 0031-5745
Year: 1990
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The paradox of performance appraisals
Article Abstract:
Personnel professionals that conduct performance appraisals find that the best results can be achieved by making employee appraisals an ongoing process with objects outlined in advance. Organizations benefit by linking organizational goals to performance; managers benefit because the reviews can promote communication; and employees benefit because they will get fair feedback. Personnel professionals must take steps to reduce the potential for negative results, including: conducting performance appraisals as summary reviews only; using specific examples in discussions; and establishing two-way communication.
Publication Name: Personnel Journal
Subject: Human resources and labor relations
ISSN: 0031-5745
Year: 1990
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