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I don't see why my personal opinion matters, but even if it does I don't have enough context to understand his tweet. He said: "Nothing stopping Tesla team at
by hnarn 6y ago
I don't see why my personal opinion matters, but even if it does I don't have enough context to understand his tweet. He said:
"Nothing stopping Tesla team at our car plant from voting union. Could do so tmrw if they wanted. But why pay union dues & give up stock options for nothing? Our safety record is 2X better than when plant was UAW & everybody already gets healthcare."
What does he mean by "giving up stock options"?
- loceng 6y agoThey won't have access to stock options if they make a decision to unionize. It's simple but people seem to be trying to make it seem convoluted to try to maintain confusion to make it look like they have a case to call it a threat. It's ridiculous. The actual solution in fact is to take the burden off of employers: we need adequate UBI so people don't need to work to survive (including covered healthcare etc), therefore if a company isn't treating or paying their workers adequately for the work at hand then they can simply stop working there - and that is them taking a stand against the company; taking income is also problematic - you're penalizing work getting done, instead a VAT on production is much better method of skimming off some value created to redistribute back into society; feed some of the ROI back into society, fuel the largest cog of capitalism - consumers - via UBI - and the system, society, will thrive.
- hnarn 6y agoIf I'm interpreting this correctly then the company is providing incentives not to unionize, which at least in my country would be illegal.
- LeanderK 6y agoI don't get it. Are you saying that unionised employees are unable to get stock options? It's meant in a literal sense? I thought this was about unions not liking stock options or something like this. How can this be legal in america? Isn't it pressuring the workers not to unionise?
- loceng 6y agoI'm not sure if it's the union who prevents stock from being part of the negotiations and/or Tesla, however to me it doesn't make sense to be illegal: if you have two choices for jobs at different companies and they both offer good incentive packages, both are good offers but in different ways - there will be pressure depending on what you value more. Perhaps you'll value higher immediate payout vs. long-term payout via a stock that you believe will go up - and you're willing to take that risk because you believe in what the company is doing - and you'll be working there to help make sure that it happens.
- LeanderK 6y agoI can't understand the reasoning. It's tesla directly denying options to unionised employees, this is direct pressure. It's like denying a promotion based on whether you're unionised or not. Or denying certain benefits based on whether you're unionised, or closing a unionised brach etc. This has nothing to do with the choice between different companies. Tesla shouldn't be allowed to directly influence the establishment of unions using pressure. I really can't believe that this would be possible. It's madness. A company shouldn't be able to pressure workers into not joining the unions. A lesson learned through a lot of blood and loss of life in the late 19th, early 20th century. A company can care enough for its workers so that they don't see value in unions. But it can't force them via pressure.