by: De Cremer, David; Tao, Tian
Source: Harvard Business Review
Profit-sharing plans are one way to address the global issues of income inequality and uneven wealth distribution while increasing employee engagement. One company, the Chinese telecom Huawei, has a successful employee stock ownership plan (ESOP) that demonstrates such incentives can be good for both employees and the business.
Link: Huawei: A Case Study of When Profit Sharing Works
Publication Date: 2015-09-24