Profit Sharing Agreement

How to eSign a document: Sign Profit Sharing Agreement Template

[Music] it's good to see so many people out here that I know so thanks for coming it's pretty much impossible to go to one of these events and not have some experts debate how long it'll be before robots take over our jobs and we're relegated to a life of servitude and universal Baykal basic income and they can opine and we're not going to do that today so you're welcome but the one thing that pretty much all experts and labor market economists and workforce development people think about and talk about and agree on is how important lifelong learning is for our world today in the 21st century innovation economy and the days of going to high school getting your degree and then working in your job for the rest of your life and retiring are certainly look to be over and lifelong learning is the name of the game so how do we pay for it there's a lot of good things going on with the community college system around free Community College and so our Community College colleagues in the room a little shout out your work is commended and needs to be support and accelerated other ways that we pay for lifelong learning is we ask families and workers to pay for out-of-pocket there's federal grants and there's loans so let's talk about those three things real fast you heard it from Elizabeth it's becoming increasingly hard for California families to pay for upskilling out-of-pocket four out of ten Californians are living in or below poverty and we are in first place in the country and that we're actually have the most the highest percentage of families living in poverty of any state in the United States when you adjust for housing costs many of these working families or many of these families are actually working 80 percent of these families are working and so they're one root-canal away or one fender-bender away from financial ruin so asking these families in these workers to finance their upskilling so they can get their piece of the 21st century innovation economy is is not just bad for those families and those workers but it's bad for business as we kind of fight this global war for talent with one hand behind our back the other way we think about upscaling and worker retraining is federal grants and this is big piece of our business Peter has talked about it we found millions of dollars over the last 40 years in worker retraining grants for upskilling over the last 17 years there's been about a 50% cut nationwide in those funds and so the ability for us to continue to finance that is going down while the need for lifelong learning is going up and you know advocacy in budgets and trends and forecasts are all kind of political and business exercises until you kind of see the human being on the other side of it and...