Workplace Democracy

What is Workplace Democracy?

 

‘Workplace Democracy’ refers to the practice of applying demotractic principles to the workplace. Workplace democracy might be implemented in various kinds of ways from direct approaches such as voting, public debates, etc. being applied throughout the company to implementing it to specific departments.

 

A common example of workplace democracy is employee shares ownership, where the employees receive an equity share in the company and hence, have a stake in the company’s success.

 

The major advantage of workplace democracy is that it becomes easier to attract good talent while also boosting employee engagement and productivity. Similarly, implementing a democratic way of decision making leads to innovative, collaborative ideas which is welcome in any kind of organization.

More HR Terms

Disability

What is Disability?   A ‘Disability’ is defined as a limitation of any kind that hampers an individual’s ability to perform a task effectively. It

Labor Law Posting

What is Labor Law Posting?   ‘Labor Law Posting’ refers to the mandated practice of displaying posters that detail basic employee rights in those places

Long-term Care Insurance

What is Long-term Care Insurance?   ‘Long-term Care Insurance’ refers to a kind of insurance which covers the individuals for a longer term compared to

Contact Us

Contact Us

We use cookies on our website to provide you with the best experience.
Take a look at our ‘privacy policy’