this post was submitted on 12 Apr 2022
24 points (85.3% liked)

World News

32088 readers
1121 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] ree@lemmy.ml -3 points 2 years ago (1 children)
  1. There is no indications of the distribution in this source either. The only info is the following : of the shares 1.5% goes to the founder, 35% high performing , 40% médium performing, 10-20% low level employee. Those are subjective evaluation which says nothing about distribution of shares amongst a population of employees.

  2. This is not an academic work. It's a undergrad student paper with 6 sources and not peer-review.

  3. I assume that you're aware that citing a vaguely relevant link as an answer is participating to fake news propagation right?

  4. Screw you and your shitty propaganda

Because every interactions I had with you ended up like this. I'm out of there.

[–] yogthos@lemmy.ml 1 points 2 years ago (1 children)

I cited a paper that breaks down how Huawei structure works. If you're going to be throwing shade on this paper, then cite precisely what you claim to be inaccurate there. Making vague unsubstantiated claims is what spreading misinformation actually looks like.

Bye.

[–] ree@lemmy.ml 1 points 2 years ago (1 children)

This paper don't answer my question which is:

There is no breakdown of the share distribution amongst workers.

Give me a source answer this and I retract my claim of misinformation.

[–] yogthos@lemmy.ml -2 points 2 years ago (1 children)

Your claim of misinformation is baseless. I gave you the information I was able to find that provides a decent idea of what the split looks like. If you want to find a more detailed split I full trust in your ability to use Google on your own.

[–] ree@lemmy.ml 1 points 2 years ago (1 children)

but that's the thing.

Baseless claim and misrepresenting data is misinformation.

You don't answer my question and make claims. I don't find anything online to contextualize that number hence my first comment :

without knowing the distribution of shares amongst staff that average means nothing.

[–] yogthos@lemmy.ml -1 points 2 years ago (1 children)

What data are you claiming is being misrepresented?

You just made up a claim that isn't sourced or based on anything. Your original comment is perfectly reasonable. We don't know what the exact distribution of shares is. However, the article I found for you does give a bit of an insight into that. If you're curious to find out more exact numbers then please do that instead of making unsubstantiated claims.

[–] ree@lemmy.ml 3 points 2 years ago* (last edited 2 years ago) (1 children)

In your title. You added the "average" information which is not present in the article you linked.

That information at first glance suggest that each worker get $75k.

Reporting an average without other distribution parameters is a misleading practice.

edit: typo

[–] yogthos@lemmy.ml 0 points 2 years ago (1 children)

Sounds like somebody needs to learn the difference between average and median.

[–] ree@lemmy.ml 3 points 2 years ago (1 children)

Ho, now we're getting personal. good. I've got a degree in statistics.

What you wrote is still misleading.

[–] yogthos@lemmy.ml -2 points 2 years ago (1 children)

It's only misleading if you don't understand the difference between the average and the median, which somebody with a degree in statistics certainly should. You basically made up some nonsense and stuck to your guns for two days now. Bravo, that's some real dedication to trolling.

[–] ree@lemmy.ml 2 points 2 years ago (1 children)

Again with the personals.

  1. You decided to include that information in the title for a reason.

  2. When I pointed out that it was misleading you answered with a source that has not relevance to my comment.

I think that your behavior is deliberate and that you're spreading misleading information.

[–] yogthos@lemmy.ml -2 points 2 years ago (1 children)

You seem to take a lot of things personally. I'm just stating simple facts here. I included correct information in the title, there is absolutely nothing misleading about it. I think your behavior here is deliberate trolling and I have a strong suspicion that you didn't know the difference between average and median until now.

[–] ree@lemmy.ml 2 points 2 years ago (1 children)

My first comment pointed out that an average like "$75k each" without distribution parameters is useless. You responded with a non-relevant paper.

  1. By including that average in your title you chose to represent that information in a specific way. That way is misleading.
  2. By citing a source with not relevance to the question you make it seems like there is support for your representation.

What you're doing is spreading missinformation.

by the way :

  1. on the one hand you assume that people cannot divide number, on the other hand you assume that people knows the difference between median and average.
  2. an average is often used in the common language as a substitute for the geometric mean but also the median. Learn your stat : the meme is "mean and median". I invite you to read the first § here : https://en.wikipedia.org/wiki/Average . Or is wikipedia too biased for your taste?
[–] yogthos@lemmy.ml -2 points 2 years ago (1 children)

I responded with a relevant paper that you literally quoted rough distributions from. The fact that refusing to understand the difference between average and median is the hill you chose to die on is absolutely hilarious.

[–] ree@lemmy.ml 1 points 2 years ago (1 children)

I responded with a relevant paper that you literally quoted rough distributions from.

The paper doesn't provide the shares distribution amongst the worker. It provides shares distribution amongst categories of worker.

The fact that refusing to understand the difference between average and median is the hill you chose to die on is absolutely hilarious.

Please read my last comment in his entirety.

[–] yogthos@lemmy.ml -1 points 2 years ago (1 children)

The paper doesn’t provide the shares distribution amongst the worker. It provides shares distribution amongst categories of worker.

Which obviously provides a rough idea of the distribution.

Please read my last comment in his entirety.

Oh I did, it's hilarious.

[–] ree@lemmy.ml 1 points 2 years ago (1 children)

Which obviously provides a rough idea of the distribution. how so ?

Oh I did, it’s hilarious.

Glad you're having fun, I have fun too.

[–] yogthos@lemmy.ml -2 points 2 years ago (1 children)

You have fun because you're a troll who isn't actually interested in facts. If you actually cared about whether Huawei is a real cooperative that has a fair distribution of shares then you would've spent time researching that instead of making an ass out of yourself in this thread. Since you claim the paper I linked is somehow inadequate, I'll link another paper that does a detailed analysis of Huawei, not just in terms of share structure but also in terms of who actually owns it in practical terms

https://deliverypdf.ssrn.com/delivery.php?ID=684088071004065000108104097080001109026012051033042091108125103074072029068074103121101122062000122051045126008098020072077071005049095084082028090122114021120108019019005046078001007013011118124066089108114093113029126081072090120093102087125085123065&EXT=pdf&INDEX=TRUE

Another paper breaks down exactly how shares work under ESOP https://www.centeronbusinessandpoverty.com/wp-content/uploads/2015/11/ESOP-and-Effect-on-Productivity.pdf

[–] ree@lemmy.ml 2 points 2 years ago (1 children)

To summarize what you took the time to copy/paste :

  • employees own the company
  • one shares = one vote
  • shares purchase has rules

What I'm interested in, and that I cannot find online is: "how are those shares distributed amongst employee". I know, I sound like a broken record at this point, but so do you by missing my point entirely.

That question translate to : does 1 employees own 51% of the shares, does each employees own 0.0007% of shares or something in between.

Your title assumed an even distribution ( one employee has 0.0007% of the total shares) . Without more information that is completely misleading^1^

Do you understand my reasoning? Or am I trolling you too hard? I would be happy to go over some terms/sentences if they are not clear. Unfortunately I'm not an native english speaker and I sometime I communicate imperfectly.

  1. yes the first document you linked refute the 1 persons own 51% of the shares. Nonetheless, that doesn't invalidate a scenario where an organized minority owns 75% of the shares removing control of the company from the hands of the workers
[–] yogthos@lemmy.ml -1 points 2 years ago (1 children)

I understand the point you keep trying to make, but it's pretty clear from the last chart I linked in the last comment that the distribution is fairly even. My title didn't assume an even distribution, it assumes a fair distribution.

The two studies I linked very clearly indicate that the share distribution is a factor in employee engagement and motivation. If the share distribution was highly skewed then the shares wouldn't play a factor in employee engagement.

The second study in particular compares Huawei with ZTE that has a traditional corporate structure. If your assertion was correct then we wouldn't see the difference between the two.

[–] ree@lemmy.ml 2 points 2 years ago (1 children)

I'm not gonna continue that cyclical dialogue any longer.

There is no factual number of shares distribution amongst employee. My assumption is that as any large corporation a few makes bank and many get the crumbs and it's as good as any.

I'm sure employees are more motivated once they own stock but that's a process you also find in other companies structure and it's probably a well documented incentive. However, HR is not a topic I've interested in.

Have a nice day.

[–] yogthos@lemmy.ml -3 points 2 years ago

Your assumption is completely baseless, but there's clearly no point continuing this.

Have a nice day.