A New Gig
The typical job in the economy today is usually grouped in one of two categories, salaried or hourly. Salaried workers get paid a certain amount of money, regardless of how much they work or the quality of work they produce. (Well it cant be terrible work or they would get fired)Hourly workers on the other hand are paid based on how many hours they work. Their pay is not constant, unlike the salaried worker.
While I think there is a better system for compensating workers than just a salary, I do not think that your average employee should have their salary determined by the company’s stock performance. Most of these employees are not making decisions that directly impact the company’s bottom line, unlike the company’s CEO, who is directly in charge of the company’s bottom line.
I think there is an interesting niche in the economy that is growing with the onset of the internet. That is the Gig Economy. In the gig economy, there isn’t even a constant job. People go out and find their own work to make their money. The most common example is Uber. Drivers go out on drives, looking for people who will pay them to drive them places. However, this extends beyond Uber. An artist or a computer programmer can use the internet to land “gigs” and earn money. In these scenarios, people are directly compensated for the amount of work they do. And people will often get rated based on their performance from their customers, which will directly impact how likely they are to land another gig. In this system, people are forced to churn out consistent and high quality work, unlike in the typical salary position.

