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We don't have the money
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this post was submitted on 16 Sep 2023
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Antiwork
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A community for those who want to end work, are curious about ending work, want to get the most out of a work-free life, want more information on anti-work ideas and want personal help with their own jobs/work-related struggles.
The new place for c/antiwork@lemmy.fmhy.ml
This server is no longer working, and we had to move.
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Subscribers: 2.1k
Date Created: June 21, 2023
Library copied from reddit:
The Anti-Work Library 📚
Essential Reads
Start here! These are probably the most talked-about essays on the topic.
- The Abolition of Work by Bob Black (1985) | listen
- On the Phenomenon of Bullshit Jobs by David Graeber (2013) | listen
- In Praise of Idleness by Bertrand Russell (1932) | listen
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Stock awards aren't exactly normal compensation, though. If everyone got equal stock in the company, everyone would be incentivized to work towards the company's success.
So why are most employees given salary or hourly pay without stock rewards? Shouldn't the company want to incentivize employees for the company's success? I understand there are a lot of people who defend their companies or corporations without much investment incentives given. I still don't see why it is not a common benefit to give.
I will never care about any company I work for. They can give me stock, sure, but I know it's not my company and I don't want to work harder for one extra peanut. I rather get time off then. :)
Give everyone 6 weeks vacations and 4 day work weeks to start with. It's more than fair. Let people have time off and enjoy their lives. But not going to happen.
Hopefully it's a whole bag of peanuts!
I get what you mean though, and I'd say it's a personal preference. Equal stock in a company or a similar measure of profit sharing IMHO is just getting employees a fair shake in compensation. Others like yourself might place a shorter workweek at a higher priority.
Edit: frankly I'm not sure which I'd take first.
Stock grants are pretty common in tech. Wonder if the UAW has ever proposed a fair grant program with a favorable vesting schedule. Maybe a grant that immediately vests quarterly over 3 years, 20% of base salary? Build wealth for your long time employees while increasing the value of the stock.