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One factor is that employees own a significant fraction of the available shares in the company. So, as the company does better on Wall Street, they get a benefi
by bradknowles 9y ago
One factor is that employees own a significant fraction of the available shares in the company. So, as the company does better on Wall Street, they get a benefit.
In part, this helps each employee have a deeper investment in each and every event that happens in relation to a flight -- they work harder and more efficiently, get better turnaround times, more on-time flights, and better customer satisfaction.
When I fly, I choose to fly Southwest whenever that is possible. If that's not possible, then I might fly JetBlue, because they usually also do a decent job in these areas. I loved Virgin America as a second choice, before they got bought by Alaska Airlines.
But ever since my first flight on Southwest many years ago, they have been my favorite airline.
- tyingq 9y agoThey have profit sharing, but rank and file employees don't individually own stock unless they choose to buy some.