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That's true - I think employees would be generally inclined to organize with specific pay/work conditions in mind (though many tech workers are highly skilled e
by ryankupyn 9y ago
That's true - I think employees would be generally inclined to organize with specific pay/work conditions in mind (though many tech workers are highly skilled enough that they could more easily achieve those goals by going to another company, rather then going through the long-term commitment with one company that a union contract implies).
But by compensating employees heavily with equity, companies have made it so that many Bay Area tech company workers would be giving up any hope of buying a house if they successfully organized in a way that diminished their employer's dominant market position (and the profits and high stock price that come with it).