4 ms·

What would this involve? And can't they buy equity with their salaries if they wanted to?

• wahnfrieden 3y ago
  Usually my employers haven’t let me buy as much equity as I’ve wanted to, they severely constrain the employee equity pool allocation and dole it out as occasional rewards and reserve most for non-worker investors and owners or executive roles. For how it could work you can look at worker-owned cooperative structures, sociocracy, etc
  • flanked-evergl 3y ago
    Maybe you should consider working for publicly listed companies then, there is no mechanism where they can limit how much equity you own. The one customer owned cooperative I have worked for did limit equity to one share per shareholder, in addition to being the most pathologically corporate and political company I have ever worked for or known off. Maybe worker owned cooperatives work better.
    • wahnfrieden 3y ago
      I don't need to work at public companies to buy their equity. I work in earlier stages to gain access to pre-growth equity. I would certainly not want to work at a non-worker-owned cooperative. That's not an incentive alignment for me as a worker, and it's a hierarchy placed above workers. Customer-owned coops are only meant to be good for the customer, it’s standard hierarchical wage labor bs for workers. Not that worker-owned ones are able to avoid politics though - all social relations have varying degrees of success and conflict.