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Young Entrepreneur Forums » Entrepreneurs » American Entrepreneurs » Philadelphia Entrepreneurs » Do Industrial Engineers usually get a percentage of the profits if they are not investing in the company?



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Old 04-29-2009, 04:45 PM   #1 (permalink)
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Question Do Industrial Engineers usually get a percentage of the profits if they are not investing in the company?
Hello everyone, here's my situation. I am starting a company that has an engineer to build the product. He said that industry standard is that businesses give the engineers a percent of the profits above the pay that they define. He sees the potential and I can understand him. Nevertheless, I am not certain on how to arrange this situation as far as the percentage goes. What is the norm. % for somebody that is not an investor? Should I tell him to suck it or is it usual for products with new products?

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