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Facebook is looking into paying its employees in scrip, and now they should also be indebted to the company town? I get what you're saying, and I want to agree
by dwyerm 7y ago
Facebook is looking into paying its employees in scrip, and now they should also be indebted to the company town?
I get what you're saying, and I want to agree, but it smacks of the old Company Town that I grew up in, and the current FIFO/DIDO living conditions of remote Australian mining towns.
It is bad enough that so many FAANG employees are in trouble with immigration if they lose their jobs. The fear of losing one's home would be a pretty powerful force in labor relations.
Yes, it would be a good to build more housing, and it would be convenient to reserve some of that housing for your workers, and it would be a perk to subsidize that housing for your workers, but we'd have to wrap some serious regulations around them that would likely make Company Housing devolve pretty quickly.