General Discussion

12071 readers

10 users here now

Welcome to Lemmy.World General!

This is a community for general discussion where you can get your bearings in the fediverse. Discuss topics & ask questions that don't seem to fit in any other community, or don't have an active community yet.

🪆 About Lemmy World

🧭 Finding Communities

Feel free to ask here or over in: !lemmy411@lemmy.ca!

Also keep an eye on:

For more involved tools to find communities to join: check out Lemmyverse!

💬 Additional Discussion Focused Communities:

!actual_discussion@lemmy.ca - Note this is for more serious discussions.
!casualconversation@lemm.ee - The opposite of the above, for more laidback chat!
!letstalkaboutgames@feddit.uk - Into video games? Here's a place to discuss them!
!movies@lemm.ee - Watched a movie and wanna talk to others about it? Here's a place to do so!
!politicaldiscussion@lemmy.world - Want to talk politics apart from political news? Here's a community for that!

Rules

Remember, Lemmy World rules also apply here.

0. See: Rules for Users.

No bigotry: including racism, sexism, homophobia, transphobia, or xenophobia.
Be respectful. Everyone should feel welcome here.
Be thoughtful and helpful: even with ‘silly’ questions. The world won’t be made better by dismissive comments to others on Lemmy.
Link posts should include some context/opinion in the body text when the title is unaltered, or be titled to encourage discussion.
Posts concerning other instances' activity/decisions are better suited to !fediverse@lemmy.world or !lemmydrama@lemmy.world communities.
No Ads/Spamming.
No NSFW content.

founded 1 year ago

MODERATORS

Jessica@lemmy.world

ElectroVagrant@lemmy.world

fubo@lemmy.world

711

Every company should be owned by its employees (www.elysian.press)

submitted 3 months ago by Melvin_Ferd@lemmy.world to c/general@lemmy.world

181 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] AnarchoSnowPlow@midwest.social 70 points 3 months ago (2 children)

I work in an esop. It's pretty cool in that we own the company in shares based on tenure, it's not like a union though.

We don't vote on the CEO or the board, we have third party trustees that manage the esop account.

We aren't beholden to external shareholders, which is the absolute best part. Line doesn't go up, it really just affects our retirement accounts, but even then our valuation takes into account stuff like cash on hand and contract stability. So... We have pretty fiscally conservative management, which is a great thing for us.

[–] ChillPenguin@lemmy.world 12 points 3 months ago* (last edited 3 months ago)

I work at an ESOP as well. Honestly I'm glad I fell into this. I have a feeling that I may actually be able to retire. If not early. Probably one of my best moves in my career.