GeoStabilization’s $75 million payout to 900 workers is a significant move demonstrating KKR’s commitment to sharing financial success with its employees while promoting engagement.
Pete Stavros emphasizes that GeoStabilization exemplifies how an ownership culture can amplify workforce engagement and drive company success, showcasing a shift in private equity.
The initiative by KKR, which offers bonuses to a large portion of its workforce, contrasts with the typical trend of rewarding only senior management during sales.
Ownership Works, founded by Stavros, reflects an emerging trend in private equity toward shared ownership models, aiming to tackle perceptions of greed and elitism.
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