Mahlum: Every one-year full-time Solidcore employee received an exit payout
Anne Mahlum · From Nonprofit Founder To Building A $300M Pilates Business · Sep 18, 2024 · at 18:32
Anne Mahlum, founder of Solidcore, explains how she structured equity payouts and profit sharing for employees during company transactions.
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“No, which is why I put a long-term incentive plan in place for them. A profit sharing plan when I sold the business, and everybody got paid. Every full-time employee who had been with SolarCore for a year got paid on that last transaction, and they're going to get paid on the next transaction as well.”
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