Twitter CEO gives part of company to employees

As a business owner, it’s no secret that the most important resource you can have is that of human resources. There are various ways you could try to improve productivity and get your staff more committed to the company’s success. But nothing is quite as convincing as giving your staff part ownership of the company itself.

Twitter CEO Jack Dorsey recently announced that he’s taking this route to make the company bigger.

According to SmallbizTrends.com, Dorsey “figures a share in the company will give his employees a greater stake in its success.”

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“Dorsey made a similar move in December 2013 at Square, the online payments processor he co-founded and where he also serves as CEO. He gave 10 percent of his shares back to Square employees.

Then, more recently, Dorsey said he would donate some 40 million shares of Square to charity.  Dorsey’s intentions were included in filing for Square’s initial public offering with the Securities and Exchange Commission.

Now, Dorsey is focusing his largess on Twitter employees, explaining in a tweet, appropriately enough:

A minute later, he added:

Dorsey has about 22 million shares of Twitter. His generosity toward Twitter’s employees is worth around $200 million, published reports indicate.

Dorsey’s effort, in addition to creating additional wealth for Twitter’s employees, will likely serve as a morale booster following Twitter’s recent round of layoffs, the company’s first mass layoff in its nine-year history.

Small business owners seeking to show their own employees how valued they are can look to Dorsey for inspiration. But you don’t need to be a 38-year-old billionaire to show your employees you value each and every one of them.”

 

Question is, how do you show your employees that you appreciate them?

 

Let us know via Twitter @GREENROBOTSA or Facebook Green Robot design

 

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