Ford To Issue Profit Sharing Bonuses
Ford has just finished one of their most profitable years ever and wants to reward employees for this incredible accomplishment. UAW workers can expect to receive profit sharing bonuses this year that will likely be the largest in the last decade. White collar workers on the other hand are not going to receive salary increases […]
In: Business Stories · Tagged with: Accomplishment, Counterparts, Ford, Last Decade, Profit Sharing, Salaries, Salary Increases, Salary Information, Uaw Workers, White Collar Workers
Worker Cooperatives Share The Wealth
The idea of sharing the profits of a company equally among its workers may seem like a radical idea in a country based on the capitalist inverted triangle of profit distribution. Conversely, all of the employees in a cooperative business have equal value and tend to be happier and more productive since they are all […]
In: Business Stories · Tagged with: 19th Century England, Artisans, Average Salary, Business Decisions, Cooperative Business, Corporate Model, Equal Share, Petaluma California, Plight, Principals, Profit Distribution, Quality Of Life, Radical Idea, Salaries, Salary Information, Skilled Workers, Spokes, Stake, Street Bakery, Worker Cooperatives
Google Giving Employees 10% Raises and $1,000 Bonus
Google is bucking the trend of most companies trying to suppress salaries, by giving all of their 23,000 plus worldwide employees a 10 percent across the board pay raise as well as a $1,000 cash bonus. This is being done in an effort to reward employees for the company’s success as well as stabilize retention […]
In: Business Stories · Tagged with: Cash Bonus, Facebook, Google, Quarter Profits, Retention Rates, Salaries, Salary Information, Silicon Valley, Silicon Valley Companies, Temerity, Workforce, Worldwide Employees
