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Brown Cafe UPS Forum
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Employee owned stock
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<blockquote data-quote="brownmonster" data-source="post: 152190" data-attributes="member: 298"><p>The whole idea behind non-mgmnt employees being able to buy stock in the company was to give them an incentive to care about the strength of the company now and in the future. So we keep buying every week for years and the price stays flat. We invest in the company and in return it gives us nothing(except a 10% discount taxed at top rates). The mgmnt person recieves the stock for free. If we have a good year he recieves even more stock for free. His pile keeps growing. He works hard getting us to do more. He gets more. We keep having to do more with less, he gets more. Mike, grow this stock!! Better yet, take it private again.</p></blockquote><p></p>
[QUOTE="brownmonster, post: 152190, member: 298"] The whole idea behind non-mgmnt employees being able to buy stock in the company was to give them an incentive to care about the strength of the company now and in the future. So we keep buying every week for years and the price stays flat. We invest in the company and in return it gives us nothing(except a 10% discount taxed at top rates). The mgmnt person recieves the stock for free. If we have a good year he recieves even more stock for free. His pile keeps growing. He works hard getting us to do more. He gets more. We keep having to do more with less, he gets more. Mike, grow this stock!! Better yet, take it private again. [/QUOTE]
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