Capitalism seeks rent from having capital, so the obvious optimization is to squash the ability to demand higher wages (original Marxist argument about "ownership of means of production" was how big capitalist controlled access to machines you needed to the work, thus being able to depress the wages)

Suppression of wages is very much a feature of capitalism (the company's mission is to acquire capital for shareholders; technology that lowers costs by reducing the need for labor, or reducing the payment for labor, is a goal); whereas socialism holds that those who do the work should benefit from their labor (workers should own the means of production).

A "socialist" company in the U.S. would be an employee-owned company or a co-op (like REI) though they would never call themselves that because Americans don't understand what socialism is (and have been taught that it's "evil").

What you've described - the need for people to have autonomy, value, and ownership over the work they do - is the core tenet of Marxism.