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> it kills the incentive to do more I'm an employee. I don't really benefit from doing more. When I do more, someone else makes money. In my experience that so
by bluefirebrand 3mo ago
> it kills the incentive to do more
I'm an employee. I don't really benefit from doing more. When I do more, someone else makes money. In my experience that someone else is just as likely to lay me off for a cheaper worker as they are to give me a raise
The incentives our system produces are already really skewed, and it would be nice to see them skew the other way for once
- WarmWash 3mo agoIt seems your complaint is a lack of recognition, and maybe redistribution would provide vengeance for this injustice. But that is different than "we ought to start giving raises to people who do less work, not more" which is what "skewing the other way" seems to imply.
- bluefirebrand 3mo agoMy observation is that if we leave our recognition up to people with power, they will choose to keep it for themselves or give it to their friends a majority of the time and that seems fucked up to continue to allow in a just society > "we ought to start giving raises to people who do less work, not more" This is completely beside the point, honestly We should not use the most productive members of society as a measuring stick as though they were the average. The average person does "way less work" than your very productive workaholic outliers, but that doesn't mean those people deserve way less. Somehow we've all wound up being measured against the most exceptional people, instead of being measured against the average. Keep in mind we're talking about a society where the median person only makes like $45k per year and exceptional people make many many times more than that I'm not sitting here saying that some random shmuck should have Elon Musks income or anything, we could probably do better than 45k a year though
- yoyohello13 3mo agoMaybe we should start requiring companies to pay a percent of wages in equity. That would at least allow workers to share in a company’s success.
- bluefirebrand 3mo agoTake a few moments to think about how companies would (easily) shift their behavior to avoid this It wouldn't be too hard I don't think. Avoid having employees by making everything a short term contract / gig style work
- amanaplanacanal 3mo agoSo make it apply to those people too. Make them legally employees for this purpose.
- WarmWash 3mo agoI'll always liked this idea until trying to map it out myself, and always running aground, preferring performance bonuses instead. You can't pay bills with equity, you will get paid a smaller salary, you need to be a mature adult to understand what "value can go to zero, and that is the game" entails, you likely will get diluted, your ownership stake isn't large enough to materially change the company, you cannot cash out whenever you want, having equity definitely doesn't make you rich automatically. Besides, if you are savvy enough to be genuinely motivated by the idea of having equity, just go buy stocks in solid companies.
- germandiago 3mo agoYou do not get equity from your comoany?
- bluefirebrand 3mo agoPff, what? No. You're in a super small bubble if you think earning equity in your employer's company is standard.
- germandiago 3mo agoMy recommendation is that you ask for equity, even if a small amount. Justify it based on the risk of the labor market and your work done.