Melvin_Ferd@lemmy.world to General Discussion@lemmy.world · 5 months agoEvery company should be owned by its employeeswww.elysian.pressexternal-linkmessage-square161fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkEvery company should be owned by its employeeswww.elysian.pressMelvin_Ferd@lemmy.world to General Discussion@lemmy.world · 5 months agomessage-square161fedilink
minus-squareGrandwolf319@sh.itjust.workslinkfedilinkarrow-up0·5 months agoThink of it like a founder selling their company to their current employees. Current employees have no money but will if/when their future company does well. A third party pays the owner now and manages this account. Once employees retire, they sell their shares to the company, and the company uses that for new employees!
Think of it like a founder selling their company to their current employees.
Current employees have no money but will if/when their future company does well.
A third party pays the owner now and manages this account.
Once employees retire, they sell their shares to the company, and the company uses that for new employees!