"Also, I want to fire them anytime I want."
this post was submitted on 29 Jul 2024
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there are new "how to leadership" fads sharted out every year, complete with books, seminars, retreats, and on and on that CEOs gobble up like hogs at the trough, for which TL;DR of ALL of them is "how to get your serfs to do more work without paying them more"
so far i haven't heard of one that actually works (lol)
They might throw you a few RSU scraps if your skill set is in-demand enough. Maybe enough to convince yourself that you’re in that one big club that you ain’t in.
Even at a relatively small employee-owned company of several hundred people, the ability of most employees (except a few super-stars) to affect the value of their shares would be effectively negligible. Raises based on personal performance work a lot better as motivation, and professional pride is good too.
The ownership isn't just about affecting the price of the shares. It's about having a say in how the company is run, how your work is done, what projects company works on, and so on. It's about having a democratically run workplace that serves the interests of people doing the actual work at the company.
Dunno. That's why they pay you the big bucks.
Wait, that IS why they pay you that much, right?