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No. Profit sharing gives you money based on the overall profitability of the company. However, even if your contribution is enormous, it's unlikely to make more
by hyperpape 7y ago
No. Profit sharing gives you money based on the overall profitability of the company. However, even if your contribution is enormous, it's unlikely to make more than a barely perceptible change to the overall profitability of the company, meaning the impact on your own pay will be tiny.
Profit sharing works by trying to make employees feel connected to the success of the business, but they don't make sense based on any kind of effort/impact/reward calculus.
- PaulDavisThe1st 7y ago"even if your contribution is enormous, it's unlikely to make more than a barely perceptible change to the overall profitability of the company" Too bad this rationale isn't routinely applied to senior managements/officers, eh?