To: matt04
Goldberg has sided with the unions in their battle now with current owner Ahold Delhaize. The unions say the company is offering inadequate wages and wants to cut some benefits.
I'm really surprised that more companies don't go into a part-owner type setup with their employees/union. Obviously unions are bad news to start, but once they're in there it's a simple process.
Give employees regular pay, then their only benefit is a bonus based on company profit at the end of the year (25% of profit is split between them, or something like that). (You can include 401k or other benefits as you want.) This makes the employees have some skin in the game, and bases their pay on how wellthe business does, so all these ridiculous more-pay and more-benefits CAN'T hurt the business - it's all based on how much (and if) the business makes any profit.
To: Svartalfiar
For most retailers, the net profit is tiny compared to labor costs. It would not motivate much.
9 posted on
04/04/2019 3:17:05 PM PDT by
PapaBear3625
("Those who can make you believe absurdities, can make you commit atrocities." -- Voltaire)
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