Company share schemes (profit sharing) belonging to the Adult, Individuals in the Household or the Family (Benefit Unit)

Dataset: Family Resources Survey (Adult, Individual, Family (Benefit Unit), Household)

Field: Company share schemes (profit sharing) belonging to the Adult, Individuals in the Household or the Family (Benefit Unit)

Description

Whether the adult or individuals in a household or a family (benefit unit) have any company share schemes (profit sharing), as reported by FRS respondents, where:

All individuals who are aged 16 and over are classified as an adult, unless the individual is defined as a dependent child. All adults in the household are interviewed as part of the FRS.
A household consists of one person living alone or a group of people (not necessarily related) living at the same address, who share cooking facilities and share a living room or sitting room or dining area. A household will consist of one or more benefit units.
A family (benefit unit) may consist of: a single adult, or a married or cohabiting couple, plus any dependent children. Same-sex partners (civil partners and cohabitees) have been included in the same benefit unit since January 2006.
Some companies provide extra rewards or bonuses to their employees depending on the profitability of the company. In publicly traded companies, this often takes the form of shares in the company. Company share schemes (profit sharing) is the label given to any scheme which follows this general principle.

Classification

Applicable to: all adults or all individuals in a household or a family (benefit unit).

None
One or more
Not applicable

Total number of categories: 3

Quality Statement

Further information can be found in the FRS Background Note and Methodology here.