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Yes fair enough. This is why every employee should get paid _stock/rsu/whatever_. The rewards of efficiency gains that Walmart, the enterprise makes, should be
by cafed00d 6y ago
Yes fair enough. This is why every employee should get paid _stock/rsu/whatever_. The rewards of efficiency gains that Walmart, the enterprise makes, should be shared by the people who made it happen. But then again, not many people would prefer to take that risk and instead prefer to get paid a set hourly wage. Of course, it’s a matter of balance — how much guaranteed income vs. risky income does a person want?
I don’t know. That’s a really difficult problem to solve through legislation.
Ultimately though stocking shelves in 1968 Walmart is about as efficient as stocking shelves in 2020.
- confidantlake 6y agoIt is much more efficient these days. They use apps to determine when to stock, how much to stock ect. They need many fewer people, and they run much leaner. Like I mentioned in a comment above, who we consider made it happen is arbitrary. Walmart cannot exist without a functioning society. The daughter of Sam Walton never worked at Walmart, yet she gets more of that gain than any other individual. For other products, it is even more arbitrary who gets the benefits. If facebook disappeared, another company would quickly take the role of social media leader. Likely not much would change from a productivity standpoint. Yet whoever happens to get the role of dominant social media ceo makes billions.
- tacocataco 6y agoWhat if the minimum wage also included x stock per paycheck? Minimum stock options?