6. What are the employee benefits?
More pay. A business can do better if it ties rewards to performance and gives employees more power over day-to-day running. Higher profits mean higher dividends (pay) for employee owners.
An asset in the business. If profits rise, the value of the employee’s shares rises. If the employee’s shares rise in value, he takes so many with him when he leaves.
Job security. A more profitable business is less likely to make employees redundant.
Teamwork. Employees are working for each other. A lot of rubbish is talked about teamwork, but done well, and voluntarily, it can make work a pleasure.