Profit Sharing Arrangements
As a teenager I worked summers on my uncle’s farm. Some land my uncle farmed was owned by others. They shared the profits 50/50 after direct expenses like fertilizer and seed.
With that context, I found Joseph’s profit-sharing arrangement in Genesis 47:24 as peculiar.
Joseph said to the sharecropping tenants, “But when the crop comes in, give a fifth of it to Pharaoh. The other four-fifths you may keep as seed for the fields and as food ...”
Pharaoh owned all the land. Pharaoh had no potential buyers for his property and no motivated workers to work hard.
Joseph’s agreement was generous and brilliant. It provided motivation and hope for the tenants.
If you have staff helping you create profits, look for win/win ways to be both generous and strategic.
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