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Re: Say NO NO NO to Wal-Mart!!!



[EMAIL PROTECTED] wrote in message news:<[EMAIL PROTECTED]>...
> George states: (of profit sharing)
> "...current employees get a very, very small fraction of that amount."
> 
> Wal-Mart banks on that huge turnover of employees to keep their profit
> sharing in their coffers. 
> 

Nobody banks on turnover.  Turnover is extremely expensive.  It's
cheaper to pay profit sharing than it is to recruit, hire, orient, and
train people over and over again.
That's why you have profit sharing.  It's an incentive to lower
turnover.
K
K



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