Should all employees be paid by profits percentage rate instead of hourly rate?

Please give me your opinion on this subject. What if everybody will be paid based on a percentage rate instead of hourly rate. Base on each person skills, the company will pay them by percentage of the company profits. The more skills they have the higher percentage. So if they perform well and help the company grow, their payrate will also increase. This way, the employees will always be motivated to work, and it's also give everyone an opportunity to be rich. With hourly payrate, there's only so much time in a day, therefore, anyone who trades time for money will never have a chance to improve their life no matter how hard they work. Please only post reasonable answers.

Should all employees be paid by profits percentage rate instead of hourly rate?
I would not agree with that kind of system. Not all companys turn profits on a daily basis, and sometimes they dont make a profit for a year. So in that instance the employees wouldnt be paid? I dont see how that would work.
Reply:That would be really scary. You wouldn't be able to budget with a fluctuating salary. What about some of these high-flying dot coms that bit the dust. If your salary had been tied to their performance you would be in the poor house. Some companies have a profit sharing plan which is an extra benefit, not a salary.
Reply:Dumb idea. I dont know how many murders would be commited from this. Imagine you bust your "butt" for this company and the profits skyrocket while lazy joe picks his belly button lint all day. You would both be paid equally? Also, who would want to work for a business that just started up? No businesses start out making tons of profits so they wouldnt get paid anything really. The only way this would work is commision, which basically is what you are talking about only more personal. My take on the issue...