Profit Sharing

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Employee Owned Publix to hire ‘thousands’ amid disease spread

Publix announced Friday that it wants to hire “thousands” of new employees this month amid the coronavirus pandemic. The positions would be in stores and distribution centers and come as demand is increasing as coronavirus spreads. “We take pride in serving our communities during times of need, and with the unprecedented demand we are experiencing,

Forcing companies to share the wealth with employees could save capitalism

Americans are working hard, but employers aren’t necessarily working for them. Now a radical idea to guarantee U.S. workers a cut of their company’s profits could one day force employers to cough up more of the wealth. While established profit-sharing and equity-ownership programs already give a financial boost to many American workers, and enjoy bipartisan

Sharing profits and ownership with workers not only make them happier, it benefits the bottom line too

Near-record low unemployment has companies fumbling to find the best ways to recruit and retain workers. Our research suggests a sure-fire way to do just that: give them a real stake. By that we simply mean sharing some of the profits and even ownership with the men and women who are fundamental to their companies’ success. Most Americans say

Profit Sharing Boosts Employee Productivity and Satisfaction

Research points to some important motivations behind why group incentives work. For example, some forms of shared capitalism are viewed more as gift exchanges between the worker and the firm. In other words, the company offers something for free, such as shares, in anticipation of worker reciprocation in the form of additional effort.  These feelings