General Discussion

12771 readers

1 users here now

Welcome to Lemmy.World General!

This is a community for general discussion where you can get your bearings in the fediverse. Discuss topics & ask questions that don't seem to fit in any other community, or don't have an active community yet.

🪆 About Lemmy World

🧭 Finding Communities

Feel free to ask here or over in: !lemmy411@lemmy.ca!

Also keep an eye on:

For more involved tools to find communities to join: check out Lemmyverse!

💬 Additional Discussion Focused Communities:

!actual_discussion@lemmy.ca - Note this is for more serious discussions.
!casualconversation@lemm.ee - The opposite of the above, for more laidback chat!
!letstalkaboutgames@feddit.uk - Into video games? Here's a place to discuss them!
!movies@lemm.ee - Watched a movie and wanna talk to others about it? Here's a place to do so!
!politicaldiscussion@lemmy.world - Want to talk politics apart from political news? Here's a community for that!

Rules and Policies

Remember, Lemmy World rules also apply here.

0. See: Rules for Users.

No bigotry: including racism, sexism, homophobia, transphobia, or xenophobia.
Be respectful. Everyone should feel welcome here.
Be thoughtful and helpful: even with ‘silly’ questions. The world won’t be made better by dismissive comments to others on Lemmy.
Link posts should include some context/opinion in the body text when the title is unaltered, or be titled to encourage discussion.
Posts concerning other instances' activity/decisions are better suited to !fediverse@lemmy.world or !lemmydrama@lemmy.world communities.
No Ads/Spamming.
No NSFW content.

founded 2 years ago

MODERATORS

Jessica@lemmy.world

ElectroVagrant@lemmy.world

fubo@lemmy.world

744

Every company should be owned by its employees (www.elysian.press)

submitted 8 months ago by Melvin_Ferd@lemmy.world to c/general@lemmy.world

152 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] treadful@lemmy.zip 28 points 8 months ago (1 children)

RTFA

Every year, those employees get a percentage of their salaries in company stock. During Central States’ worst year, employees earned the equivalent of 6 percent of their pay in stock, during their best they earned 26 percent. Last year, an employee earning $100,000 a year received $26,000 worth of stock in their account. As the company has grown, the value of that stock has averaged 20 percent returns annually, outperforming the stock market.

[–] mkwt@lemmy.world 2 points 8 months ago

Ah, so this example is not transferring equity all the way at once.