Worthington Industries, the profitable steel processing firm in Columbus, Ohio, where the usual time clocks are not to be found. “Workers get profit-sharing payouts ranging from 40% to 70% of base pay, and the company pays 100% of health insurance premiums for employees and family members.” Worthington enjoys an industry-low turnover rate of 12% and a long line of job applicants.

Companies can learn from this example and make employees, “Stakeholders”. Answering the question “What is in it for me?”, will help employees enhance productivity.

CITE THIS AS:

YouSigma. (2008). “Worthington Industries Reward Program." From http://www.yousigma.com.