r/Glasgow Tools

Title
Authormeepmeep13
Comment
It's far less about the salary of the bosses, and far more about the return/dividend to those that hold equity in the business, which does make a substantial difference

It also translates into financial risk exposure, cash holdings, assets and liabilities etc

Fundamentally co-ops are an entirely different business structure - while it might not make a difference to the salaries that can be paid, it makes an immense difference to where the company's profits go - the employees are the shareholders, and so personally gain from the success of the company. This gain, just as with a shareholder in a private equity-financed company, can be huge.
Reddit Linkhttps://www.reddit.com/r/glasgow/comments/pt4uao/workers_coops/hduwcx1/
CreatedWed 22nd Sep 2021 4:58pm
Statusnormal ()

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