e-business
On Kings and Pawns
A couple of hours ago, I had a fierce argument with my dad (who is also the managing director of my company)
Our’s is a private limited company, which means, we can sell and/or distribute company stock privately, without being listed in a stock exchange, etc.
Dad suggest that we should distribute some of the stock to the company’s employees, to motivate them for working harder and better - Not as an incentive, just as a benefit for working here, a number of shares allotted as per the employee’s post. I was strongly against this.
I am of the opinion that making employees partners would be a terrible mistake and can result in a lot of bad things - it will make employees work less in terms of the quantity of work done and less efficiently in terms of work quality rather than more.
If a partnership is given without having to work for it first, it will be much less valued than if one actually earns that position by sticking with the company long enough and being a radically important factor in it’s growth, adding their visions to those of the founders and all that.
Being in the performance marketing industry since as long as I can remember, I am strongly for identifying employee performance and offering incentives based on that - and we already do that, the system here is to offer incentives to each employee after they have stayed six months at the job, based not only on their performance, but also the performance of the company overall - maybe this system needs some re-structuring and the incentives should be based on broader factors etc…
Anyway, as I was thinking about this; co-incidence, as it happens, happened.
Hugh Mcleod, explained all my thoughts in this cartoon that he posted on his blog. 
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Employees definitely need incentives. Incentives help employee morale and keep them more motivated than if they were to treat their job as a 9-5 job. When they have something to look forward too and are shown appreciation for their hard work, they actually try to do it! Stocks are one way to do it, but it is not for every company.
To Your Success!
Shannon Q.