Make Shareholder Buybacks STAKEHOLDER Buybacks
For several reasons, companies often pay to re-absorb shares of their own stock. This is a great way to apportion their good fortune, but usually benefits only investors and shareholders. We’d like to suggest an alternative to that typical process. Re-invest in everyone who contributes to company success and reward workers for their contributions as well. Offer an employee windfall of 20 cents for every dollar you give to shareholders. Doing this will:
Show your employees you value them.
This type of windfall could be life-changing money for the average American. It sends a strong message that management cares about those who create share value, not just those who hold it. And it can improve employee morale and loyalty as well.
Attract talent as a company that practices worker-centered thinking.
Simply put, people love to work for employers that do right by their employees. Recruiting becomes easier, which can also mean spending less to find the right candidates.