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Profit sharing doesn't necessarily mean equity. It can be a percentage of profits split between all employees. Of course that, like equity, doesn't substitute
by sofixa 4y ago
Profit sharing doesn't necessarily mean equity. It can be a percentage of profits split between all employees.
Of course that, like equity, doesn't substitute a decent salary, it just complements in a way that gives positive incentives.
- zdragnar 4y agoWhether equity or paid out monthly, it's variable income that most people can't count on. When you're in a big enough company that you individually can't feel yourself moving the needle, the end result is that it's not much of an incentive. This is especially true once the company gets over a few hundred employees. Source: Have worked for profit sharing companies before.