Under the Scanlon plan or Improshare program, psychological ownership can play a stronger role than financial ownership in employee performance.

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The Scanlon plan or Improshare program is designed to encourage employee involvement and motivation through shared financial benefits. However, it also emphasizes the importance of creating a culture of trust, teamwork, and communication among employees, which can foster a sense of psychological ownership and commitment to the organization's goals. Research suggests that psychological ownership can have a stronger impact on employee engagement and performance than traditional forms of financial ownership, such as stock ownership or profit-sharing.

Under the Scanlon Plan or Improshare Program, Psychological Ownership Can