this post was submitted on 13 Jan 2024
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[–] TWeaK@lemm.ee 18 points 10 months ago (1 children)

the.CEO saying that they have been punished enough with the stock price.

Yes because making less profit is the same as losing your entire income.

[–] RedditWanderer@lemmy.world 4 points 10 months ago (1 children)

A lot of people are paid a decent part of their comp through stocks too, they almost double my salary over the 4 year vesting period.

[–] spacecowboy@sh.itjust.works 16 points 10 months ago (1 children)

No offence, but fuck shareholders. They’re a giant part of society’s woes.

[–] qyron@sopuli.xyz 10 points 10 months ago

This is an ideal concept but for me a shareholder should be like a private financer that holds an interest on a company that gets sacked the moment the capital they lent is returned with interest.

I could not care less if a company I was invested in stated it was aiming to have a fixed yearly profit of X amount, no more, no less. That would send a clear message the company would be aiming for quality in their products/services and trust with their clients, with no funny ideas behind the scenes to squeeze pennies and dimmes in blood from the employees.

Oh, and as a shareholder, the last thing I would want would be a CEO or whatever chair aiming for bonus: you earn a salary, get benefits, that is it. If you get the boot, you are just another employee, not a rockstar.