Why can’t companies pay fair wages and share part of the profits with employees? It’s very rare to see companies actually doing this. They usually don’t at all

Why can’t companies pay fair wages and share part of the profits with employees? It’s very rare to see companies actually doing this. They usually don’t at all, and when they do it’s often so vague that the bonus is basically entirely at the superior’s discretion with no tangible basis. I think it’s fair that the people who risked the most to create the company get a significant chunk of the profit but why should employees be reduced to leftover crumbs in the best case and typically nothing at all beyond their poorly negotiated salaries that didn’t track inflation over the years? In a good year there is profit to spread around anyway, bad years there is nothing extra. I don’t know how that would work in our insane industry through where it’s a valid business model to hemorrhage money for years (decades even) without any real path to profitability. But I’m sure we can find a solution, as founders rarely live in poverty past a certain company size. And I’m not talking about the joke that equity is in most cases where it’s barely worth the paper it’s granted on.