Sears and Amazon: Differences for Workers

The NYT had an interesting piece noting the differences between the way Sears and other large employers of the last century treated their workers and the way Amazon treats its workers. The focus of the piece is a profit sharing plan which gave 10 percent of Sears before-tax profits to workers in the form of a retirement fund that purchased company stock.

While this plan did allow many employees to accumulate substantial assets to support themselves in retirement, it is worth noting that a sim...