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2022 step increase
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<blockquote data-quote="Nolimitz" data-source="post: 5376298" data-attributes="member: 43941"><p>I used to work for a F500 company here that had a real profit sharing plan. It started out w/ monthly pay outs (went to quarterly) for all employees down to the company janitors. During high profit quarters it would be almost equal to your earnings for the qtr before taxes. Did the big boys get more? sure, but we had a workforce that was motivated and extremely high retention rate. Oh did I mention stock options every year for everybody.</p><p>Was it FedEx or even Federal Express? NOT! Got burnt out after 20 yrs and yup failed w a business startup in 08... 3-4 months and bye bye FDX...</p></blockquote><p></p>
[QUOTE="Nolimitz, post: 5376298, member: 43941"] I used to work for a F500 company here that had a real profit sharing plan. It started out w/ monthly pay outs (went to quarterly) for all employees down to the company janitors. During high profit quarters it would be almost equal to your earnings for the qtr before taxes. Did the big boys get more? sure, but we had a workforce that was motivated and extremely high retention rate. Oh did I mention stock options every year for everybody. Was it FedEx or even Federal Express? NOT! Got burnt out after 20 yrs and yup failed w a business startup in 08... 3-4 months and bye bye FDX... [/QUOTE]
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