• CoLa666@feddit.de
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    1 year ago

    Than I don’t really get the idea. Could you elaborate?

    • As far as I understood, the company’s shares belong to the employees (“everyone gets a seat on the board”) and those elect a director which in turn organises the work structure, assigns roles etc. Correct?
    • Can he be replaced at all times?
    • How is the compensation of the employees determined?
    • How are employees handled which are not performing their duties?
    • Can employees be fired?
    • How can employees join and leave the company?
    • Do they return their shares on leaving?
    • Can they buy and sell their shares?
    • How do new employees get their shares? Are they assigned or bought?
    • How is capital raised for large long-term investments like a new machine?
    • If the employees bring up the capital, do they get interest?
    • What if no capital can be raised? Is the company terminated?
    • Can some employees put in more capital than others?
    • Is the financial gain distributed equally between the employees?