The Shanxi draft banks hired only people from their home region in Shanxi. A study of the banks found that a new employee needed “two well-established guarantors to recommend him.” The guarantors also covered the losses if he proved dishonest.
Staff who proved themselves could later receive 身股, body shares, a share of the profits without putting in any capital. According to the same study, shares were granted after “more than three consecutive fiscal years with excellent performance.” A Chinese account adds that the books were settled every three to five years.