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I'm not sure, should they? Seems like workers would want to work at a place if they're fairly compensated (in contrast to increasing with company profits), tre
by yibg 7y ago
I'm not sure, should they?
Seems like workers would want to work at a place if they're fairly compensated (in contrast to increasing with company profits), treated well and enjoy their job. Sure you can reward employees for good company performance, and many do in forms of bonuses, equity growth etc, but 1) it's not required and 2) it's not directly correlated to company profits. I mean, if a company won a "lottery", e.g. a huge sale contract, should all employees get a corresponding boost in income?
- Apocryphon 7y agoIs it financially beneficial to a company? Maybe not, unless as a means to incentivize employee retention and attract high performers. Is it something that should happen in a conceptual/philosophical/ethical sense? Perhaps as corporations become more productive and profitable while requiring fewer workers, due to technological advances, automation, etc.- perhaps this should be discussed? Why should compensation structures be frozen in amber, while the methods of production improve by leaps and bounds?
- yibg 7y agoNot frozen in amber, but perhaps linked to something else like performance, expertise, experience etc. If we're talking about this as a means of wealth distribution then that seems like it should be something at the government policy level.