this post was submitted on 09 Nov 2024
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[โ€“] frezik@midwest.social 18 points 2 weeks ago (1 children)

There's plenty of companies with stock options as part of the compensation package. They're always just a bone thrown in. They absolutely do not want employees to be able to effectively do a hostile takeover of their own company and set it up as some kind of commie worker cooperative.

[โ€“] Yondoza@sh.itjust.works 10 points 2 weeks ago

I've changed my mind and I'd like to disagree with my previous statement. You can't pay people to care.

Very good point. I worked for an employee owned company and I hated the work, but loved the atmosphere. There really was this sense of everyone there working together to make everyone better. I don't think stock options can provide the same atmosphere, the employees need to have agency around leadership choices as well as the compensation that comes with it.