this post was submitted on 18 Apr 2024
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I think profit sharing should be inherent to working.
Every pay cycle, everyone gets their base pay, and then additional compensation is awarded out of half of that cycle's profits, half of that is distributed based on time contributed that cycle and the other half is distributed based on seniority.
The craziest thing is even until the late 1990's even a company like Walmart had profit sharing for employees, and it was pretty nice even for part time workers!