I have a confession to make. I'm secretly addicted to Chobani Greek yogurt. To be fair, I felt this way even before learning that the CEO & founding owner, Hamdi Ulukaya distributed roughly ten percent of the company to all the employees who helped to build the company into a successful venture. This sort of "profit sharing" is more common in the tech industry than in the food industry although notably both Whole Foods & Starbucks engage in a form of stock sharing plans as well.
Chobani & Gravity: Examples of Companies Tackling Income Disparity
Most importantly, this seems to reflect a growing trend speaking to the problem of income disparity between management & employees. Another great example is the CEO of Gravity, Dan Price who decided one day to make the company minimum salary 70.000/year even if he had to tap into his own wealth to make it happen. To me, these kinds of organic solutions to income inequality are far more meaningful & tangible than what
someone like Bernie Sanders talks about. Despite what the Senator believes, all CEO's are not greedy & evil; some even have a conscience; others want to do good after they make good. Furthermore, what makes both Chobani & Gravity such compelling examples is that the economic changes made were organic with each CEO creating different but effect solutions to the problem. Price changed the minimum wage after an employee called his attention to how little he made compared to Price. Ulukaya, on the other hand, became partners with his employees making [potential] millionaires out of some who were with him the longest by giving away a piece of the company.
Memo To Bernie Sanders: The Revolution Has Already Begun
Both of these CEO's have made a profound & positive impact on their respective company cultures demonstrating real leadership. Simply put, these changes have inspired their employees to work harder because they see that their efforts are both valued & rewarded. Additionally, with one bold stroke, both Price & Ulukaya have now become significant corporate influencers showing their fellow CEO's that talking about the problem of income disparity is no longer enough. They have each set down powerful markers for change. It seems that the "revolution" has started without Bernie Sanders!