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I'm not sure what you're arguing. Rewarding loyalty to the company typically takes the form of profit sharing, wherein employees would be incentivized to ignore
by jimbob45 7y ago
I'm not sure what you're arguing. Rewarding loyalty to the company typically takes the form of profit sharing, wherein employees would be incentivized to ignore management abuse (for instance) because they know raising the alarm will detract from the company's profits and, thus, their own profits.
Are you advocating for profit sharing/wealth redistribution in a really indirect way?
- chaps 7y agoThis is a very, very HN comment.
- numakerg 7y ago> Are you advocating for profit sharing/wealth redistribution in a really indirect way? Why not? I would support mandatory stock options based on the number of employees. In reality though, I think it would be defeated by creative accounting just like taxation.
- luckylion 7y agoHow would stock options change anything in that regard? If you blow the whistle, the price decreases and your options are worth less money. You still have incentive to keep your mouth shut.
- gorgoiler 7y agoI’m not arguing either way but would point out: 1/ Drawing a salary is profit sharing. 2/ Keeping your job is a reward.
- vageli 7y ago> I’m not arguing either way but would point out: > 1/ Drawing a salary is profit sharing. People still get paid when companies don't turn a profit.
- TeMPOraL 7y agoSalary is a maximally derisked profit sharing scheme. You get much less money that you could've earned in times of company's success, in exchange for a stable income even if the company is not successful.
- gorgoiler 7y agoIt feels like we’re splitting hairs a little. In the context of my comment on the parent, profit and revenue are the same thing. After all, if you share 100% of your profit in another sense your company makes no profit at the end of the year. The point is: once your livelihood depends on being part of an organisation, your judgement about that org can’t be completely impartial.
- watwut 7y agoAnother way to reward loyalty to ethically challenged manager: promotion, more interesting projects, public praise, not abusing you like the others and so on.
- Renaud 7y agoThat's a pretty narrow definition of loyalty. You are assuming that it's just a thing bought with money. You can be loyal to the values that your company represent or the values you expect it to hold. A company that behaves callously doesn't reflect well on the employees that represent it. These employees may have higher expectations of what their company behaviour should be. You don't need to reward people with money for them to defend that.