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Being an owner in a business is a typical way to route around labor laws completely. If you're a restaurant or retailer that needs your staff to work 14 hour d
by busterarm 3y ago
Being an owner in a business is a typical way to route around labor laws completely.
If you're a restaurant or retailer that needs your staff to work 14 hour days 7 days a week, giving ownership is a fairly common scheme to CYA against future lawsuits. The ownership shares are usually miserly and forced-transferrable upon leaving.
Not saying that's what's happening here, but it could be.
- lotsofpulp 3y agoLabor laws are for employer-employee relationships. You cannot simply “give” some of your employees shares and then disregard labor laws. If someone wants to work 14 hour days 7 days a week so that their shares are worth more, that is their choice.
- busterarm 3y agoThey never get classified as employees. They start as owners to begin with. This is what cults like Twelve Tribes do with the Yellow Deli in Boulder, CO. The whole place operates on unpaid labor because they're all "owners".
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