4 ms·
I think Union isn't the right word for what I want. I want a co-op where the employee organization owns the company. Profits are bonuses for all the employees.
by mabbo 4y ago
I think Union isn't the right word for what I want.
I want a co-op where the employee organization owns the company. Profits are bonuses for all the employees.
I don't want protection from company's goal of making the most money possible. I want the goal of the company to be the success of the employees.
- thekaleb 4y agoThis aligns incentives.
- krainboltgreene 4y agoBaby steps. US law makes this type of organization harder than it should be and a union is a good step towards what you're describing.
- zeroonetwothree 4y agoYou can already form such a company. It would be called an LLP. It's common in other professions, not sure why it hasn't been a thing in software though.
- rrrrrrrrrrrryan 4y agoIt can be difficult for co-ops to access capital. Investors are extremely hesitant to invest money in an organization where the employees can simply vote to use that money to give themselves all raises. There are other ways to achieve what you're after: stock options, profit-sharing agreements, or even just a generous bonus structure based on hitting revenue targets are all quite common.
- mabbo 4y agoAnd all of those things aren't enough, as demonstrated by every company that's doing them now. Beyond entry level dev jobs, most of Amazon's corporate employees are getting half or more of their comp in stock. Yet here we are.