Repost because the last one was removed after 1.5 thousand upvotes for “not us politics”, so here it is again with more US specific context, thank you mods!
Maybe panera could get my order right then.
There should be a law that all publicly traded companies in the US should have a portion of the board of directors voted for by the employees.
Most Panera workers probably can’t afford the food they’re cooking and serving.
I don’t believe that would ever pass.
Do shareholders care about workers? Road goes two ways fella.
The better law is to make at least 20% of the board of directors employees. The shares owned by employees could easily be outweighed by other shareholders, but having even minor representation on the board itself prevents anything being done without the knowledge of the employees.
Imagine the typical practice of improving the share price by being ‘in control’ over the work force (ie. benefits cuts and wage freezes) when even the suggestion could result in strikes or worse. It acts as a preventative measure rather than a response to a plan already in action.
Why the fuck would a low payed employee care about the share holder profits? Maybe start a epp program or a share option program. Then and only then will they care.
This would only exacerbate the problem.
Wasn’t the context that he was saying you have to motivate workers with things they care about and affect them directly, not by talking about corporate goals and earnings targets?
Why should they?
Was it like an insult or an observation? Cause in other related news, the sky is blue!
why does ANYONE still get ‘food’ from that place?
I don’t care for spending $18 for a lunch from a sandwich and bakery place
We don’t
Better idea: Make shareholders have no standing to demand anything. Make them, by nature, silent. So the priority is making a good product and not making shareholders rich.
Ya they care about being able to eat
Unpopular opinion:
Fuck Shareholders. Let’s bring back doing what is right. Run the company effectively and efficiently, treat and pay your employees right. Then send out the smaller dividends.
Companies trying to please Shareholders and shooting for larger bonuses and dividends are a big part of why we are where we are with pay not keeping up in the middle and lower classes.
Corporations claiming they can’t increase wages or benefits while recording record quarterly profits and exec bonuses is something that has been going on for far too long.
Imagine having shares in Panera…
What do you stock holders actually contribute. Nothing they do contributes to the product that they sell to the customers. Employee wages are an expense, but they contribute directly to profit.
I’d say the CEO is focusing more on the stock prices which only contributes to his net worth and he doesn’t seem to care about the business itself. That would be a red flag for me. That kind of tells me thar all he cares about is selling the business and cashing people out.
If the current CEO actually said this, is focused on stock prices over the business, I’d say we just identified the next franchise business that’s going to dissappear. Like an itty-bitty-Sears implosion
Idk… from the look of things, employees *just might* care more about shareholders than vise-versa.
22 comments
Repost because the last one was removed after 1.5 thousand upvotes for “not us politics”, so here it is again with more US specific context, thank you mods!
Maybe panera could get my order right then.
There should be a law that all publicly traded companies in the US should have a portion of the board of directors voted for by the employees.
Most Panera workers probably can’t afford the food they’re cooking and serving.
I don’t believe that would ever pass.
Do shareholders care about workers? Road goes two ways fella.
The better law is to make at least 20% of the board of directors employees. The shares owned by employees could easily be outweighed by other shareholders, but having even minor representation on the board itself prevents anything being done without the knowledge of the employees.
Imagine the typical practice of improving the share price by being ‘in control’ over the work force (ie. benefits cuts and wage freezes) when even the suggestion could result in strikes or worse. It acts as a preventative measure rather than a response to a plan already in action.
Why the fuck would a low payed employee care about the share holder profits? Maybe start a epp program or a share option program. Then and only then will they care.
This would only exacerbate the problem.
Wasn’t the context that he was saying you have to motivate workers with things they care about and affect them directly, not by talking about corporate goals and earnings targets?
Why should they?
Was it like an insult or an observation? Cause in other related news, the sky is blue!
why does ANYONE still get ‘food’ from that place?
I don’t care for spending $18 for a lunch from a sandwich and bakery place
We don’t
Better idea: Make shareholders have no standing to demand anything. Make them, by nature, silent. So the priority is making a good product and not making shareholders rich.
Ya they care about being able to eat
Unpopular opinion:
Fuck Shareholders. Let’s bring back doing what is right. Run the company effectively and efficiently, treat and pay your employees right. Then send out the smaller dividends.
Companies trying to please Shareholders and shooting for larger bonuses and dividends are a big part of why we are where we are with pay not keeping up in the middle and lower classes.
Corporations claiming they can’t increase wages or benefits while recording record quarterly profits and exec bonuses is something that has been going on for far too long.
Imagine having shares in Panera…
What do you stock holders actually contribute. Nothing they do contributes to the product that they sell to the customers. Employee wages are an expense, but they contribute directly to profit.
I’d say the CEO is focusing more on the stock prices which only contributes to his net worth and he doesn’t seem to care about the business itself. That would be a red flag for me. That kind of tells me thar all he cares about is selling the business and cashing people out.
If the current CEO actually said this, is focused on stock prices over the business, I’d say we just identified the next franchise business that’s going to dissappear. Like an itty-bitty-Sears implosion
Idk… from the look of things, employees *just might* care more about shareholders than vise-versa.
Why the fuck would they?
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