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.
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.