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Old 06-28-2010 | 01:58 PM
  #41936  
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Ferd149
Gets Weekends Off
 
Joined: Apr 2008
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From: LAX ERA
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My undergrad degree is in Biz Management with an emphasis in Personnel Administration (now called human resources), I don't remember much but I do remember a discussion about profit sharing during wage and salary class.

Basically, profit sharing is a con job (my words not the professor's)to make you feel more a part of the organization. You work hard so the organization does well and you get a little something for your efforts.

However, once you do expenses (glad our's is on operational....NWA wasn't and it was a REAL con job) the amount is so diluted that it can backfire. IE, when you get your profit sharing check you go ****! I honestly believe you're better off using your negotiating capital on the salary side. Gives you more to "give back" in the bad times.

Ferd <----------BUT, yes of course I'll take the check