When Sears Flourished, So Did Workers. At Amazon, It’s More Complicated. by Enery Lineth Gastelum Olguín https://padlet.com/a01702146/twmey4pdfe6m Lineth Gastelum Valeria Barajas Marco Villaseñor en-us 2018-08-23 02:30:57 UTC 2026-02-11 04:39:24 UTC hello@padlet.com a01702146 https://padlet.com/a01702146/twmey4pdfe6m/wish/296746454 2018-10-25 02:04:43 UTC https://padlet.com/a01702146/twmey4pdfe6m/wish/296746454 a01702146 https://padlet.com/a01702146/twmey4pdfe6m/wish/296747149 2018-10-25 02:07:14 UTC https://padlet.com/a01702146/twmey4pdfe6m/wish/296747149 a01702146 https://padlet.com/a01702146/twmey4pdfe6m/wish/296747233 2018-10-25 02:07:39 UTC https://padlet.com/a01702146/twmey4pdfe6m/wish/296747233 a01702146 https://padlet.com/a01702146/twmey4pdfe6m/wish/296747437 Half a century ago, a typical Sears salesman could walk out of the store at retirement with a nest egg worth well over a million in today’s dollars, feathered with company stock.]]> 2018-10-25 02:09:06 UTC https://padlet.com/a01702146/twmey4pdfe6m/wish/296747437 Shareholders now come first and employees have been pushed to the back of the line. a01702146 https://padlet.com/a01702146/twmey4pdfe6m/wish/296747477 2018-10-25 02:09:24 UTC https://padlet.com/a01702146/twmey4pdfe6m/wish/296747477 Amazon shareholders have benefited more than workers, but Sears, in its heyday, tried to serve both. a01702146 https://padlet.com/a01702146/twmey4pdfe6m/wish/296747537 2018-10-25 02:09:46 UTC https://padlet.com/a01702146/twmey4pdfe6m/wish/296747537 The company earmarked 10 percent of pretax earnings for a retirement plan for full-time employees and by the 1950s, the workers owned a quarter of Sears. a01702146 https://padlet.com/a01702146/twmey4pdfe6m/wish/296747611 2018-10-25 02:10:12 UTC https://padlet.com/a01702146/twmey4pdfe6m/wish/296747611 Amazon, which changed how Americans shop much as Sears did in its prime, does not disclose what percentage of its stock is owned by employees. a01702146 https://padlet.com/a01702146/twmey4pdfe6m/wish/296747677 2018-10-25 02:10:25 UTC https://padlet.com/a01702146/twmey4pdfe6m/wish/296747677 There are Amazon employees who hold a lot of stock. Four out of the top five executives earned less than $175,000 each in annual salary in the last three years, but got tens of millions of dollars in stock. a01702146 https://padlet.com/a01702146/twmey4pdfe6m/wish/296747840 2018-10-25 02:11:16 UTC https://padlet.com/a01702146/twmey4pdfe6m/wish/296747840 If Amazon’s 575,000 total employees owned the same proportion of their employer’s stock as the Sears workers did in the 1950s, they would each own shares worth $381,000. a01702146 https://padlet.com/a01702146/twmey4pdfe6m/wish/296748015 2018-10-25 02:12:08 UTC https://padlet.com/a01702146/twmey4pdfe6m/wish/296748015 a01702146 https://padlet.com/a01702146/twmey4pdfe6m/wish/296748166 2018-10-25 02:12:55 UTC https://padlet.com/a01702146/twmey4pdfe6m/wish/296748166