Common Prosperity

The Work Bench The Workbench also automatically generates rewards proposals between the different members of one EMC, which are guided by Haier’s remuneration system based on **profit-sharing mechanisms**. Every micro-enterprise shares in the profit of the EMC they are part of when the goals outlined in the EMC contract are reached. Haier’s profit-sharing mechanisms include specific objectives and events that will trigger certain bonuses. In a nutshell: **Do better than the market average, and you’ll get a share in the profits**.

Haier’s profit-sharing remuneration system is built around the Chinese concept of ‘common prosperity.’ It enables the EMCs to make the cake bigger and divide it fairly among all members of the ecosystem. The Workbench automatically executes the profit-sharing agreements as guided by common prosperity, with members of an EMC only sharing in the profits when the entire ecosystem succeeds at making a profit.

Profit-sharing is based on agreements on the value and size of the contribution by each member of the EMC, which are **re-evaluated each month**. Any changes in profit-sharing agreements are made through the Workbench, as all EMC members can alter conditions in their smart contract as long as they find **consensus** with each other.