Las Vegas Casino Gives Employees Some Ownership

Station Casinos isn’t the first employer to reward its rank and file with equity. Bank of America handed nearly its entire global workforce a $1 billion restricted-stock pool while Apple gave most of its employees a $2,500 stock bonus after the 2017 tax overhaul. Samsung began awarding shares worth up to $20,000 to staff outside the C-suite starting this fall, and the family owner of Louisiana manufacturer Fibrebond Corp. carved out a $240 million bonus pool—averaging $443,000 a worker—for employees when the company was sold last year.

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Worker ownership of the means of production.

Seems I read about that in some book a few years ago.

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