Melvin_Ferd@lemmy.world to General Discussion@lemmy.world · 5 months agoEvery company should be owned by its employeeswww.elysian.pressexternal-linkmessage-square170fedilinkarrow-up1745arrow-down136cross-posted to: [email protected]
arrow-up1709arrow-down1external-linkEvery company should be owned by its employeeswww.elysian.pressMelvin_Ferd@lemmy.world to General Discussion@lemmy.world · 5 months agomessage-square170fedilinkcross-posted to: [email protected]
minus-squareGrandwolf319linkfedilinkarrow-up3·5 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!