Write a note on Co-partnership

[luttu]

What is meant by Co-partnership Group incentive scheme?

[nbm]

It is a Group Incentive Plan. Under this certain employees are given the option of buying the shares of the enterprise at reduced price in installments. The employees are choosen on the basis of seniority or wage levels. Its assumption is that as a shareholder of the company. An employee is likely to show greater understanding of the company's viewpoint and behave more responsibly.
As for management, it can cite such schemes as proof of its enlightened outlook and thus brighten the public image of the enterprise.

[RANU GOUR]

What is meant by Co-partnership Group incentive scheme?

i want to topic detail to respect of examination purpose.