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A comment on I worked in Amazon HR and was disgusted at what I was seeing with PIP plans. Parent comment

Re:I worked in Amazon HR and was disgusted at what I was see... by ThrowawayR2 on Thursday November 30, 2023 @11:37AM (#38475576)
> "Why is it not fine when a company is more or less breaking even but paying good salaries to its employees?"

Do you have a retirement plan that contains stock or get any options/stock grants as part of your compensation? Those shares are your ownership stake in corporations and your retirement quite directly depends on those shares increasing in price faster than inflation.

[ Parent | on HN ]
Re:I worked in Amazon HR and was disgusted at what I was see... by wickedwiesel on Thursday November 30, 2023 @02:38PM (#38478079)
Your point is valid but also quite obvious. As soon as you own stock you will want them to increase in valuation. My point is a different one. Publicly traded stock companies have very specific (growth) and often bad (growth, disregarding other impact) incentives. Other forms of ownership can provide a stake for talented employees and safeguard their financial Fortune. I believe a cooperative may better align everyone’s incentives for example.
[ Parent | on HN ]