As an ex-employee and a shareholder I don't see why money can't be divided between all stakeholders. Some for pay boosts, some for research and some for production efficiencies that reduce pollution conserving resources.
Without employees (aka workers) companies would not be able to be sucessful. That's why employers are always complaining about workers - and vice versa. Companies broke the employer/employee relationship by extracting wealth instead of sharing it. Of course this affect small businesses most as they are more affected by employee malfeance but small business insists they are the same as big business. And their are always efficiencies that could be implemented there is just no impetuous to do so without fines and other retaliatory measures from government's.
https://www.cbc.ca/news/business/stock-buybacks-analysis-1.4771344
I live in a small Canadian Prairie city with a spouse and a dog. We retired in 2018. This is what life is like.
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What would actually make companies give their employees wage increases, increase benefits and hire more people?
ReplyDeleteGene Chiu Government restricting stock buy backs or tying profits to tax rates.
ReplyDeletei use iPhone 6 but don't found call record system in my mobile would you tell me why ?
ReplyDeleteLutfor Rahman Sorry I don't use an iphone. Maybe it's something regional or carrier related?
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