Employee Stock Ownership

/Tag: Employee Stock Ownership

Workers paid by the hour are ‘always going to fall behind,’ making wealth inequality worse

Billionaire tech entrepreneur Mark Cuban has proposed a solution for income inequality that doesn’t involve dismantling capitalism: Business owners should give all their employees equity. “The biggest issue for entrepreneurs, for capitalists, for those of us who are successful is, if someone is only going to be paid by the hour...they’re always going to fall behind,” Cuban

European start-ups call for stock option reform to help them compete with Silicon Valley

The bosses of 30 European start-ups have called on politicians to reform rules around employee stock ownership to help them attract more talent and compete with their Silicon Valley counterparts. Chief executives from firms including TransferWise, Stripe, PayPal-owned iZettle and recently listed Farfetch co-signed an open letterurging lawmakers in the continent make changes to existing regulations on

Is Socially Responsible Capitalism Losing?

When companies prize investors above all, they’ll do anything to increase their stock price, and that’s not good for workers. In December, 2015, a new startup called Juno entered the ride-hailing market in New York City with a simple proposition: it was going to treat its drivers better than its competitors, notably Uber, did theirs—and