THE SPLIT Book 2
Follow the podcast Immersive Business 06 in your app:
Read it:
Prineville, Bentonville and Pasadena, 1917 to 2022. Three retailers decide, separately, to hand a fixed share of what the business earns to the people behind the counter. A tire dealer in central Oregon splits each store's profit with the men who run it. A discount merchant in Arkansas, who spent nine years refusing, puts his hourly workforce into a company-funded plan held in his own stock. A grocer in Los Angeles shares nothing, and instead pegs a full-time wage to a published federal statistic. Each arrangement worked. Each was also a formula with a numerator, a denominator and a population — and this is an account of who was inside each one, what the money came to when divided, and what happened on the days the formulas were changed. Covers Les Schwab, Sam Walton, Joe Coulombe, Les Schwab Tire Centers, Wal-Mart Stores, and Trader Joe's.
Listen
Part 01
2:53:51
Part 02
3:55:59
Part 03
4:05:29
Part 04
3:03:38
Books in this series
- THE SPLIT Book 1
4 parts · 12 h 28 min
- THE SPLIT Book 2
4 parts · 13 h 59 min
- THE SPLIT Book 3
4 parts · 14 h 11 min
- THE SPLIT Book 4
4 parts · 14 h 52 min
- THE SPLIT Book 5
4 parts · 13 h 36 min
- THE SPLIT Book 6
4 parts · 14 h 43 min