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Every company should be owned by its employees

elysian.press

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Re: Every company should be owned by its employees

#5
>Every year, those employees get a percentage of their salaries in company stock.

Ok? Anybody can choose to do this if they work at a public company. But what happen if it's mandatory and the stock goes down? Now your labor was stolen at below market rate! Then we will hear "employees compensation should be resilient to market fluctuations."

Re: Every company should be owned by its employees

#6

It's insane how socialism is growing in the west after defeat of soviet union

is it so insane, in a world of disparity and outsized influence of CEOs and billionaires, where people cannot afford houses? maybe the insane thing was how for hundreds of years we let the rich dictate the rules as if they knew better for having taken advantage of others.

Re: Every company should be owned by its employees

#7

>Every year, those employees get a percentage of their salaries in company stock. Ok? Anybody can choose to do this if they work at a public company. But what happen if it's mandatory and the stock goes down? Now your labor was stolen at below market rate! Then we will hear "employees compensation should be resilient to market fluctuations."

People are lazy. You can always sell your grant as you get it, they can’t make holding stock mandatory, but a lot of people (including me) just hold the stock in a really undiversified portfolio.

Re: Every company should be owned by its employees

#9

>Every year, those employees get a percentage of their salaries in company stock. Ok? Anybody can choose to do this if they work at a public company. But what happen if it's mandatory and the stock goes down? Now your labor was stolen at below market rate! Then we will hear "employees compensation should be resilient to market fluctuations."

Not every public company pays its employees in stocks/stock options/RSU/etc.

Re: Every company should be owned by its employees

#10

>Every year, those employees get a percentage of their salaries in company stock. Ok? Anybody can choose to do this if they work at a public company. But what happen if it's mandatory and the stock goes down? Now your labor was stolen at below market rate! Then we will hear "employees compensation should be resilient to market fluctuations."

People are lazy. You can always sell your grant as you get it, they can’t make holding stock mandatory, but a lot of people (including me) just hold the stock in a really undiversified portfolio.

So they're too lazy to buy stock when they get paid, but not too lazy to sell stock when they get paid?
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