Profit Sharing

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Jan 16, 2009 | 07:06 AM

DFWs2k

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From: Denton, TX

Profit Sharing

Profit sharing is awesome! Ours just got deposited into our 401ks, an extra 10% of earnings on top of the 7% match is awesome!

That's all...lol..

Jan 16, 2009 | 08:06 AM

CosmosMpower

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So what you're saying is that you're buying everyone a round of drinks at the next meet right?

Jan 16, 2009 | 08:51 AM

DFWs2k

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From: Denton, TX

haha...it just goes into our 401ks, not into my pocket...

Jan 16, 2009 | 09:01 AM

Chaotic1

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Quote:

Originally Posted by CosmosMpower' date='Jan 16 2009, 12:06 PM

So what you're saying is that you're buying everyone a round of drinks at the next meet right?

+1

Chief moneybags has to buy the drinks...

Jan 16, 2009 | 09:09 AM

mxt_77

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Joined: Jan 2003

Posts: 8,482

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From: Wylie, TX

Glad my company doesn't do profit sharing... otherwise I'd owe them money.

Jan 18, 2009 | 05:05 PM

AATees

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Joined: Oct 2000

Posts: 1,006

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From: Tyler, TX

Probably the best company I ever worked for strongly believed in capitalism, ownership and empowerment. To support their beliefs they made sure that everyone owned some part of the company. I mean EVERYONE. Even the janitor owned shares and options. We were going to get rich together or go down together. It was great. A sense of Team that I have never experienced before or since.

Unfortunately we didn't survive the dot-com bust (even thought we were not an IT company). BECHTEL SUCKS!

Al