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The salary is the cost. People think that profits should be distributed on top of salary. And frankly it already happens to a degree with bonuses. But there is
by Workaccount2 1y ago
The salary is the cost.
People think that profits should be distributed on top of salary. And frankly it already happens to a degree with bonuses. But there is this pervasive idea that any leftover profit is just money that should have gone to workers.
- Dylan16807 1y agoMost jobs have benefits on top of salary. Distributing part of the profits would be a reasonable benefit. There are hundreds of millions of profits here. Distributing even 10% of that to employees would be a tremendous amount of money. Even a lot less would have a big effect. A 10% profit share makes plenty of sense. Yes, even while insulating employees from losses, it still makes sense. Owners need to be able to reap profit but they don't need to get all of it forever. Employees owning stock is not the only way profit sharing can work.