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> The average employee doesn't get to benefit from the very real contributions they've made to the company, while the CEO does benefit. Why didn't employee prof
by samatman 6y ago
> The average employee doesn't get to benefit from the very real contributions they've made to the company, while the CEO does benefit. Why didn't employee profit-sharing increase at the same rate as non-salary compensation did for CEOs? That's still relevant.
This is correct, but the post you're replying to has the answer: CEOs successfully claimed more of the portion of surplus value which was going to stockholders, employees claimed less.
It's key to analyze these things if the goal is to see employees better rewarded, as they should be, but it must start from the correct analysis.
The details of how to do this are way over my head, and I won't embarrass myself by trying to make suggestions here.
- asdffdsa 6y agoGive stock to employees. Easy
- aerosmile 6y agoInstead of cash? Just like money, stocks don't grow on trees.
- Kye 6y agoThey find them for CEOs.
- aerosmile 6y agoThere are about 100 references on this page here alone stating that CEOs get relatively low cash comp in return for exceptionally high equity comp. Even CEOs have to treat equity as a form of compensation (duh!), and they have to trade off one against the other. Some people here also pointed out that Amazon would rather pay RSU, but people prefer cash. We all know that Amazon outperformed the market in the last couple of years and that the RSU would have been more valuable than cash, but even with the benefit of that hindsight, most warehouse workers would still pick cash because they don't have the privilege of making long-term investments. The sad reality of today's society is that it's not that hard to make profitable long-term investments (just look at pretty much anyone's 401k) - but for the majority of the population, they just don't have enough money to put it to work.
- CRConrad 6y ago> There are about 100 references on this page here alone stating that CEOs get relatively low cash comp in return for exceptionally high equity comp. No, there are references stating that CEOs get exceptionally high equity comp in addition to exceptionally high cash comp. Win on the carousel, don't lose on the swings. They've set it up so they can't lose.