General Discussion
In reply to the discussion: Why we need Bernie - like him or not.... [View all]seaglass
(8,185 posts)100 employees.
How can a company that does not make a profit pay its employees?
Another way to make a profit is to have a product or service that people want to buy and is fairly priced.
The company I worked for, Amex, rewarded employees well in salary, benefits, bonuses. For crying out loud 20 years ago they were offering employees health insurance for their pets! They were at the forefront of building diversity into the organization in hiring and in evaluating management performance by how well they incorporated diversity into their teams. They stressed involvement in our local communities and incorporated community projects into their annual manager meetings, one year installing a sprinkler/irrigation system in a community park, another year paying for and assembling back to school backpacks for underprivileged kids in the community.
Yes of course the ultimate aim was to make money but they provided a good living for their employees and they give back to the community. So are they a bad corp? And who decides?