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Some companies have a profit-share program where they pay a percentage of the profit earned that year to employees in addition to salaries.
by williamscales 10y ago
Some companies have a profit-share program where they pay a percentage of the profit earned that year to employees in addition to salaries.
- moxious 10y agoThat's great but only for profitable companies which doesn't describe most startups. The other reason they usually use equity is because they're relatively cash poor
- williamscales 10y agoThe company I work for has in past years paid a bonus based on metrics that try to approximately characterize the value being created at the company. This could be considered an alternative to profit-share for companies that have no profit.
- pm 10y agoI was leaning more towards a profitable business than a startup in my thinking.
- deleted 10y ago[deleted]