Besides offering salaries as per industry
standard Westjet has an Employee Share Purchase Plan which allows employees to
buy shares and be one of the many owners of the Airline. The shares offer an
opportunity to the employees to share profit. Now it is easy to understand why
the employees of Westjet Airlines are so ardent not to waste the company’s
resources. In addition to offering the share purchase plan to its employees,
Westjet Airlines also offers several other perks including travel privileges
and various other benefits.
Apparently, the No. 2 airline company in
Canada is not only a passenger’s favorite choice for flying but is also the best
airline in Canada to work for. For all of those who wanted to know why the
staffs at Westjet are super friendly and forever smiling, perhaps they just
made a nice amount of bonus through the dividends!
So what do you think about the benefits Westjet employees receive in comparison to other airlines? Would you ever be interested in becoming a Westjet employee yourself?
Please share your comments below!! :)
Why do you think that the general public aren't allowed to buy the shares if the regular employees can buy these shares?
ReplyDeleteThanks for asking that great question!
ReplyDeleteWestjet shares as a matter of fact actually are available for the general public and it is publicly traded on the Toronto Stock Exchange (TSX).
The reason why I stated that is is significant that Westjet allows their employee to own shares is because their aren't any other airlines who provide the same type of privilege's to their employees so as a Westjet employee it's just something that keeps the employees passionate about their job and it also gives them control of their yearly profit on shares based on their performance which is quite unique.
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