Re:CEO pay is up 78% over the past decade
by 3qz on Sunday May 15, 2022 @03:40PM
(#31390351)
Being an employee and an owner doesn’t align incentives since I have no meaningful influence over the stock price. I don’t care at all about the success of the projects I work on as long as I keep getting paid
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Re:CEO pay is up 78% over the past decade
by djokkataja on Sunday May 15, 2022 @04:18PM
(#31390681)
Even if all you care about is whether you keep getting paid, being one of the owners of a business (even if it's one of many) suggests to me that you would have much more influence about whether you keep getting paid than you would in any business where you are not an owner.
The world does not, contrary to popular opinion, revolve around stock prices. Ownership is about having equal influence in strategic decisions.
"I don't care about the success as long as I get paid" is typically something you hear from people who have never tried a truly democratic workplace before. It's a transformative experience.
Does it matter? Jobs worth caring about are extremely rare so I don’t actually care about what the company does. I would vote to sell the company and cash out if I worked somewhere democratic.
> Jobs worth caring about are extremely rare
Yes, co-ops are rare.
There is no ownership structure in the world that could ever make me care about boring software
Re:CEO pay is up 78% over the past decade
by downsidesabound on Sunday May 15, 2022 @08:47PM
(#31392672)
Maybe if it’s yours, it’s not boring.
Like kids :P