“Share your profits with all your associates, and treat them as partners. In turn, they will treat you as a partner, and together you will all perform beyond your wildest expectations.”
- Sam Walton
In the U.S., corporate profits are healthy, but that wealth is not being widely shared.
Creating a profit-sharing plan:
1. Decide on the size of the pool of money you're going to pay out.
2. Figure out how you want to distribute the money out of that pool. There are two techniques:
• Equal distribution based on salary
• Distribution based on contribution level