41–50 of 291 posts
"Motion Twin is run as an anarcho-syndicalist workers cooperative with equal salary and decision-making power between its members."
Also, this is where the Haxe programming language was created.
From the article: At Mondragon, there are agreed-upon wage ratios between executive work and field or factory work which earns a minimum wage. These ratios range from 3:1 to 9:1 in different cooperatives and average 5:1. That is, the general manager of an average Mondragon cooperative earns no more than 5 times as much as the theoretical minimum wage paid in their cooperative. For most workers, this ratio is smaller…
Does it matter if it's large? I was just talking to a friend who started a small company, merged with a bigger company and thought he had done everything right. After a few years, he regretted selling the company. Small is beautiful. We learned this as children. Challenge the mantra of size and growth.
It matters because it validates that cooperatives can grow very large, and refutes the claims such as "yes it's nice, but of course it works only for small ventures and could never grow)
From the article: At Mondragon, there are agreed-upon wage ratios between executive work and field or factory work which earns a minimum wage. These ratios range from 3:1 to 9:1 in different cooperatives and average 5:1. That is, the general manager of an average Mondragon cooperative earns no more than 5 times as much as the theoretical minimum wage paid in their cooperative. For most workers, this ratio is smaller…
The interesting thing about this wage ratio is they had to increase it in the beginning of the cooperative because very few people were willing to take more responsibility for little more pay. So maybe there is a study to be done about what could be the optimum wage ratio that allows a company to attract top talent for management positions and at the same time is not perceived as injust and exploitative by the lower…
From the article: At Mondragon, there are agreed-upon wage ratios between executive work and field or factory work which earns a minimum wage. These ratios range from 3:1 to 9:1 in different cooperatives and average 5:1. That is, the general manager of an average Mondragon cooperative earns no more than 5 times as much as the theoretical minimum wage paid in their cooperative. For most workers, this ratio is smaller…
The John Lewis Partnership in the UK employs about 83,000 so perhaps a bit bigger. Not strictly a co-op, but very close.
Earlier quoted context omitted.
I think this is more related to each company status (and laws). Eroski almost broke and is in "survival mode" right now. As I know the general objective is to be around 60-70%.
So if they get rid of eroski and just privatise it, you think they can go back to 70%? I think lagun aro still not up there in terms of people with vote rights, no? But you work there so you probably know better
Here are some positive links about Eroski from spanish newpapers.
- https://cincodias.elpais.com/cincodias/2019/05/23/companias/...
- https://www.larazon.es/economia/eroski-cierra-2018-con-benef...
My work was on some "business simulators" for a management course they were preparing.You would first pick what kind of response you'd like from your employees or clients (i.e. "passion" - they would consider their project worthwhile, back the vision, realize that people are key... ) and then you'd be able to control 15 management parameters (like job security, management transparency, salary range, leadership style, training... ) then you'd see a chart with the output and even see "thoughts" that your employees would probably have.
During the due diligence we saw the high level of political corruption, and terrorism financing Mondragon was involved in. Very distrubing. Once we saw this, we stopped looking at the acquisition.
From the article: At Mondragon, there are agreed-upon wage ratios between executive work and field or factory work which earns a minimum wage. These ratios range from 3:1 to 9:1 in different cooperatives and average 5:1. That is, the general manager of an average Mondragon cooperative earns no more than 5 times as much as the theoretical minimum wage paid in their cooperative. For most workers, this ratio is smaller…
They brought in the "White Revolution" making India the largest milk producer in the world!
From the article: At Mondragon, there are agreed-upon wage ratios between executive work and field or factory work which earns a minimum wage. These ratios range from 3:1 to 9:1 in different cooperatives and average 5:1. That is, the general manager of an average Mondragon cooperative earns no more than 5 times as much as the theoretical minimum wage paid in their cooperative. For most workers, this ratio is smaller…
The John Lewis Partnership in the UK employs about 83,000 so perhaps a bit bigger. Not strictly a co-op, but very close.
From the article: At Mondragon, there are agreed-upon wage ratios between executive work and field or factory work which earns a minimum wage. These ratios range from 3:1 to 9:1 in different cooperatives and average 5:1. That is, the general manager of an average Mondragon cooperative earns no more than 5 times as much as the theoretical minimum wage paid in their cooperative. For most workers, this ratio is smaller…
It's nothing compared to Amul - a dairy behemoth in India which employs about 3.6 MILLION people. They brought in the "White Revolution" making India the largest milk producer in the world! https://en.m.wikipedia.org/wiki/Amul