4 ms·
Worker co-ops don't eliminate executive roles, though. They just make it so that executives serve at the pleasure of the members (and are usually elected in som
by conradev 5y ago
Worker co-ops don't eliminate executive roles, though. They just make it so that executives serve at the pleasure of the members (and are usually elected in some form). Mondragon has a President, who was formerly a Vice President and Managing Director. REI, a US-based co-op, has a more complicated story: https://en.wikipedia.org/wiki/Recreational_Equipment,_Inc.#Governance https://en.wikipedia.org/wiki/Recreational_Equipment,_Inc.#G...
They still have hierarchy and pay still scales with position in that hierarchy. The ratio of CEO pay to worker pay is generally more equitable, but it is still a ratio. I have no idea what the work-life balance is like, but running a co-op (or a nonprofit, for that matter) still sounds like a stressful job to me.