In fact, if you read my initial response, that's what I suggested.
The only problem is that privately-held companies wouldn't do that, but at the public company level it is a great idea. It gives them a stake in the company's profit (upside potential) and allows them to vote at shareholder meetings, but because they can vote however they want to they don't HAVE to end up all voting the same way. Convince your money investors that something is a good thing and get enough worker votes as well, and you can get that pay increase. But if all the workers vote against it, well, you don't get it.
The only problem is that privately-held companies wouldn't do that, but at the public company level it is a great idea. It gives them a stake in the company's profit (upside potential) and allows them to vote at shareholder meetings, but because they can vote however they want to they don't HAVE to end up all voting the same way. Convince your money investors that something is a good thing and get enough worker votes as well, and you can get that pay increase. But if all the workers vote against it, well, you don't get it.
i think it would take a HUGE change in culture, especially since it would mean curtailing CEO and other executive pay and bonuses. on the other hand, since the dot-com bust there is still a lot of hesitation for workers to accept stock in lieu of proper compensation. it would certainly provide an alternative to union membership, but it will require a lot more work than all the interested parties are willing to put in to make it happen, imho.
"The RIAA has shown a certain disregard for the creative people of the industry in their eagerness to protect the revenues of the record companies." -- Frank Zappa
"That's the trouble with political jokes in this country... they get elected!" -- Dave Lippman
"That's the trouble with political jokes in this country... they get elected!" -- Dave Lippman
Congrats to Michigan - The Newest Right to Work State!
12/12/2012 04:59:29 AM
- 1355 Views
It's great that they were able to do it.
12/12/2012 02:45:39 PM
- 696 Views
I just think it's so... odd... that people don't realize things constantly evolve.
12/12/2012 05:18:11 PM
- 637 Views
Isn't this a symptom of evolution?
12/12/2012 06:12:36 PM
- 679 Views
we also don't need unions to keep people on the job who are bad at it.....
12/12/2012 06:20:22 PM
- 676 Views
Unions are all about protecting underperforming workers and the union leadership.
12/12/2012 06:37:41 PM
- 612 Views
That's a bit naive. And instead of evolution, I should have said "ever-changing"
12/12/2012 06:55:41 PM
- 562 Views
No, big companies aren't all of a sudden altruistic...
12/12/2012 07:33:16 PM
- 616 Views
your three examples are of employers demanding workers do more for less
12/12/2012 07:41:12 PM
- 714 Views
Ok...employeers demanding people to do more for less.
13/12/2012 10:56:32 PM
- 624 Views
the point was that the union did not strike, the workers were prevented from working by management
13/12/2012 11:25:07 PM
- 645 Views
What are the downsides of Unions? *NM*
12/12/2012 10:30:17 PM
- 404 Views
What are the upsides for anyone BUT unions?
13/12/2012 11:58:23 PM
- 710 Views
the answer to the political influence is hard campaign contribution limits from individuals only
14/12/2012 12:27:57 AM
- 598 Views
I was hoping to hear what a union supporter recognizes as flaws of unions.
14/12/2012 08:55:46 PM
- 718 Views
Re: I was hoping to hear what a union supporter recognizes as flaws of unions.
14/12/2012 10:07:39 PM
- 522 Views
it's great?
12/12/2012 05:29:00 PM
- 649 Views
Pissed off people....
12/12/2012 06:16:49 PM
- 566 Views
again, what industry will those people looking for work go to in michigan?
12/12/2012 06:23:47 PM
- 691 Views
As a native Michigander, I can tell you it's great.
12/12/2012 06:26:53 PM
- 588 Views
+1 - This is going to help bring jobs to MI and benefit the auto industry.
12/12/2012 06:33:43 PM
- 580 Views
unions still aren't the problem in michigan, it's reliance on a single industry as the main employer
12/12/2012 06:37:44 PM
- 567 Views
Michigan is one of the fastest growing areas for the tech industry. Michigan is starting to expand.
19/12/2012 03:28:18 AM
- 749 Views
So let me get this straight.
13/12/2012 03:54:14 PM
- 651 Views
Yes, it's a good thing, a very, very good thing!
13/12/2012 05:45:43 PM
- 597 Views
no "right to work" in MO, MT, CO, NM, KY, WV, OH, MA, NY, DE, MN, WI, PA, OR, WA, HI, AK, MD
13/12/2012 06:56:17 PM
- 639 Views
Just to play devil's advocate...
13/12/2012 09:12:02 PM
- 604 Views
Re: Just to play devil's advocate...
13/12/2012 09:57:07 PM
- 551 Views
I, for one, stipulate that you are correct.
13/12/2012 10:06:34 PM
- 634 Views
Re: I, for one, stipulate that you are correct.
13/12/2012 10:18:27 PM
- 601 Views
How is that wrong?
13/12/2012 10:52:24 PM
- 568 Views
it's wrong because it ultimately drives down *all* workers' pay, not just the unions
13/12/2012 11:26:00 PM
- 585 Views
Your argument is completely fallacious.
14/12/2012 04:17:58 AM
- 580 Views
A brilliant argument...
14/12/2012 07:23:53 AM
- 655 Views
You are assuming that business owners do not value "on the job" experience
14/12/2012 09:03:35 AM
- 694 Views
the only reason unions are obsolete is because republicans don't want them supporting dems
14/12/2012 06:43:56 PM
- 580 Views
Unions being obsolete has almost nothing to do with internal American politics
14/12/2012 07:10:38 PM
- 514 Views
i would disagree, at least with respect to the spate of "right to work" laws being pushed through
14/12/2012 07:32:26 PM
- 591 Views
Unions aren't going to help rein in CEO pay or corporate profits.
14/12/2012 10:48:51 PM
- 562 Views
i'll take you one further....
14/12/2012 11:24:26 PM
- 519 Views
I have suggested that before
15/12/2012 02:31:07 PM
- 572 Views
so you did. sorry about that!
15/12/2012 03:59:16 PM
- 538 Views
And so the destruction of the Middle Class continues. *NM*
13/12/2012 03:43:36 PM
- 315 Views
The unions already destroyed the middle class.....
13/12/2012 05:46:56 PM
- 608 Views
Do you really not understand why unions existed in the first place?
14/12/2012 06:55:27 AM
- 540 Views
Why they first existed is not in issue. It is if they STILL serve a useful or detrimental purpose.
14/12/2012 03:00:48 PM
- 600 Views
Yeah, moron! What is wrong with you, that you do not blindly accept his underlying premise?
19/12/2012 01:35:37 AM
- 931 Views
Damn, I agree with Anonymous2000.
14/12/2012 04:29:36 AM
- 635 Views
This must be a trying time for you.
14/12/2012 07:06:56 AM
- 589 Views
Callandor sees the light, perhaps it's time for you as well! *NM*
14/12/2012 02:08:47 PM
- 279 Views
HOW they are doing it..is bullshit
13/12/2012 06:33:09 PM
- 733 Views
How? Residents of MI elected a Republican legislature and Governor.....
13/12/2012 09:25:43 PM
- 555 Views
You have the right to work, not the right to vote in an election as you see fit and keep your job. *NM*
15/12/2012 03:23:13 AM
- 365 Views