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I'd argue they trade receiving the full fruit of their labor for increased safety/stability. I know I do at least. The owner of a business still needs to make p
by runamok 3y ago
I'd argue they trade receiving the full fruit of their labor for increased safety/stability. I know I do at least. The owner of a business still needs to make payroll even when the business is doing well with legal consequences iiuc if they don't. If you are a sole proprietor your billable rate goes up but now you are marketing, IT, accounts receivable, janitor, etc. etc.
Additionally different company's have different ways of incentivizing employee "ownership". Everything from RSUs, Employee stock purchase plans, a Christmas bonus for a good year, etc.
- jaclaz 3y agoStill this is a different kind of contract. A bonus (or other forms of incentives) are additional to the base salary. Until you are fired (or if the company does not pay your wage anymore) your salary/wage is fixed, and you get it no matter how the company is going. In sharecropping the year you (as a tenant) got a bad crop, you wouldn't have anything to eat, and would have basic survival problems.
- runamok 3y agoI'd assume unless it was REALLY bad you'd get food but no money (due to no extra crops for sale) but a fair point. Some professions like sales are very much feast or famine but agree most employees are insulated to a degree from company performance.