When Is The Best Time To Implement Profit Sharing?

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Great article by CFO Orry Fiume who administered Wiremold’s plan for his entire tenure learning the following 10 elements of a successful profit-sharing plan.

He found that any plans violating these principles run the risk of them becoming entitlement programs at best, or at the worst, de-motivators that generate the opposite effects that they are designed for.

Read here: https://www.lean.org/LeanPost/Posting.cfm?LeanPostId=1165