• Random_Character_A@lemmy.world
    link
    fedilink
    arrow-up
    35
    arrow-down
    2
    ·
    edit-2
    9 months ago

    My employer sells “stocks” to employees that don’t show anywhere and you can only sell them back to the company after two year. Exchange also isn’t immediate. Company chooses the date.

    They really want people to buy those things and are heavily campaigning for it.

    They also give a small amount of these stocks as bonuses to people that have performed well.

    When I say to people that buying those “stocks” just gives the company free loan, they look at me weird.

    • neptune@dmv.social
      link
      fedilink
      English
      arrow-up
      8
      arrow-down
      1
      ·
      9 months ago

      Yes, stock is basically a loan to the company. Sure, if a company always new it was going to grow at a certain rate and life were guaranteed they could give everyone an exact raise…

      Instead they say “here is a bonus, its built on a gamble. Here’s is monopoly money that might be worth 10% more in two years, or maybe the company will be bankrupt and you will be unemployed.”

      Would it be better to get a cash bonus or a raise of similar value? Sure.