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Profit doesnt pay for salary. Salaries are an expense to the company. Profit is whats left over after all of that and is what the company can give back to the s
by stanleykm 3y ago
Profit doesnt pay for salary. Salaries are an expense to the company. Profit is whats left over after all of that and is what the company can give back to the shareholders through dividends and stock buybacks.
I would guess that in a profitless world there would be something different than a 401k for retirement. Humans can exist without profits.
- robertlagrant 3y ago> Humans can exist without profits. Of course - and they did for a long time. But they couldn't have anything that couldn't be scratched out of the soil.