Every company should be owned by its employees
There are 47 millionaires working for Central States Manufacturing, and they’re not all in the C-Suite. Many of them are drivers or machinists—blue-collar workers for the company. How? The company is owned by its employees. Every worker gets a salary but also a percentage of their salary in stock ownership. When the company does well, so do the employees—all of them, not just the ones at the top. And the company is doing well. “When we sat down eight years ago, we said we want to be a billion-do...
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