Investing in the Future: The Economic Power of Employees to Acquire Board Positions
We will conduct a study to see how much money each employee needs to invest in a series of companies today in order to claim a position on the board of directors. We will take three cases, if necessary 3% - 5% - 10%.
The data of the companies and the current stock prices today, 26/2/24, were taken from the investment platform eToro https://www.etoro.com/ In companies, sometimes there are also a number of individuals who are paid without being characterized as employees, e.g., delivery persons who are characterized as "partners". Therefore, the amount per employee is smaller depending on the number of individuals.
An Apple employee would need to spend from $523,000 in the best case to $1,745,391 in the worst case.
Let's look at a second company, Tesla
A Tesla employee would need to spend from $129,000 in the best case to $433,000 in the worst case. Let's briefly look at a table of some major companies
Delivery Hero has 51,000 employees and 1,700,000 riders, a total of 1,751,000 according to the company's site https://ir.deliveryhero.com/ It is evident that due to circumstances and specificities of this particular work, which requires a large number of deliveries, the purchase of shares is accessible to the average employee, with the aim of acquiring a position on the board .
18/4/24
