“About one-third of Basecamp employees accepted buyouts today”

Re:“About one-third of Basecamp employees accepted buyouts t... by Sebb767 on Friday April 30, 2021 @08:58PM (#27001762)

> So, the message that is very easy to take from this (since the employees know they work for a profit maximizing firm) is that Basecamp's own expectation of its future profitability was that the 10% profit sharing was likely to be less expensive than the benefits it replaced.

Or that they thought providing a monetary benefit, which each employee is free to spend as they wish, is a more attractive packet and/or better due to the reduced management overhead. Also, depending on how much the benefits cost them and how many employees used them, this might still be a better option for both sides.

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Re:“About one-third of Basecamp employees accepted buyouts t... by dragonwriter on Saturday May 01, 2021 @12:07AM (#27002992)

> Or that they thought providing a monetary benefit, which each employee is free to spend as they wish, is a more attractive packet and/or better due to the reduced management overhead.

Sure, that's also an easy to reach interpretation. Unlike the other, not one that explains people being more likely to accept a buyout because of the change, so not relevant to the discussion, though.

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