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> Amazon pays well. If company has huge billion dollar profits, then they don't pay well. This is pure greed and exploitation. They get great value out of thei
by varispeed 6y ago
> Amazon pays well.
If company has huge billion dollar profits, then they don't pay well. This is pure greed and exploitation.
They get great value out of their employees but they don't share it amongst them. They share just enough so they don't look too bad to an untrained eye.
- WalterBright 6y agoThey share it with anyone willing to take a risk and buy a share. Working at a job doesn't automatically give one ownership rights, any more than the mechanic who fixes your car gets a share in the proceeds when you sell it. Many companies, however, do provide ownership rights to employees in the form of stock purchase plans and stock option plans. I don't know if Amazon provides such to warehouse workers, but I'd suspect it would be good business to do so.
- varispeed 6y agoPayment in salary and real shares (without dilution) is one of the ways that could work. For example if company made 1 billion profit, they could use 30% to buy stock or use their own and redistribute it to employees into their real broker accounts.