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An employer does not need to earn profits to have a profit-sharing agreement. Contributions under the agreement need not be based on profits but rather salary and a phantom profit amount. [3] This phantom profit originates from a predetermined formula for allocations under the profit-sharing agreement.
An emergency care assistant is a type of emergency medical service worker in the United Kingdom, often used to support paramedics in responding to emergency calls. [1]This frontline staff role was introduced in 2006 as part of the modernisation of NHS emergency ambulances and also to lower costs.
Professor Malcolm Woollard was a leading voice for the paramedic profession and the first UK paramedic holding a professorial role. [15] His focus was development of the profession. He was described as "a ground-breaker for the paramedic profession." [16] Woolard died in 2018, [17] but has a legacy of research that lives on. [18]
The Harvard economist Martin L. Weitzman was a prominent proponent of profit-sharing in the 1980s, influencing governments to incentivize the practice. [16] Weitzman argued that profit-sharing could be a way to reduce unemployment without increasing inflation. [16] Economists have debated the effects of profit-sharing on different outcomes.
In 1977/78 ambulance services in the UK cost about £138m. At that time about 90% of the work was transporting patients to and from hospitals. The Regional Ambulance Officers' Committee reported in 1979 that: There was considerable local variation in the quality of the service provided, particularly in relation to vehicles, staff and equipment.
An Emergency Care Practitioner (ECP) generally come from a background in paramedicine and most have additional academic qualifications, usually at university, with enhanced skills in medical assessment and extra clinical skills over and above those of a standard paramedic or qualified nurse.
Indeed, the costs were so high that a pay dispute for ancillary workers, some of the lowest paid in the health service, was postponed because of a lack of funds. [ 1 ] : 133 The unions escalated the strike further on 15 February by instructing members not to follow any orders issued by senior ambulance service managers.
Cost sharing effort is included in the calculation of total committed effort. Effort is defined as the portion of time spent on a particular activity expressed as a percentage of the individual's total activity for the institution. [3] Cost sharing can be audited and must be allowable under cost principles and verifiable to records.