Profit Sharing: Labor's New Opportunity
Category: BUSINESS
The stand-out national problem we have today is that in recent decades, profit sharing examples in industry have declined and fallen out of media attention. Profit sharing was commonplace in the first half of the 20th century, but several decades of strong post-World War II growth persuaded many American managers that regular wage and benefit increases could effectively share the wealth with the workforces.
By Joseph Blasi, ContributorJ. Robert Beyster Distinguished Professor at Rutgers Universit..., 2015-09-06