this post was submitted on 13 Jan 2024
283 points (98.6% liked)

Work Reform

10006 readers
8 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] spacecowboy@sh.itjust.works 14 points 10 months ago (2 children)

No offence, but fuck shareholders. They’re a giant part of society’s woes.

[–] qyron@sopuli.xyz 9 points 10 months ago

This is an ideal concept but for me a shareholder should be like a private financer that holds an interest on a company that gets sacked the moment the capital they lent is returned with interest.

I could not care less if a company I was invested in stated it was aiming to have a fixed yearly profit of X amount, no more, no less. That would send a clear message the company would be aiming for quality in their products/services and trust with their clients, with no funny ideas behind the scenes to squeeze pennies and dimmes in blood from the employees.

Oh, and as a shareholder, the last thing I would want would be a CEO or whatever chair aiming for bonus: you earn a salary, get benefits, that is it. If you get the boot, you are just another employee, not a rockstar.

[–] RedditWanderer@lemmy.world 2 points 10 months ago* (last edited 10 months ago)

It's free money for me, I don't hold any other stocks, it's just because they give them.

I signed a deal for around 10k stocks over 4 years (worth 250k at the time, worth 350k now), in top of my full salary.

Would you say no? Haha