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by tmp538394722
1612 days ago
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Do you know the difference between a member coop and a worker coop? REI is technically a member coop, so members (shoppers) are privileged to some of their profits. Members are also entitled to a vote for the board - but as far as I’ve ever seen this is a sham (two people running for two positions… can’t lose) But a member agreement has very little to do with how workers are treated. A “worker coop” might be what you’re thinking of - where all the employees collectively own the business and have some say in how the business is run. (Though how much say varies depending on the coop). REI is not a worker owned coop. And whatever “member owned” coop benefits they have are basically a sham in my opinion. It’s basically a loyalty fee - like a Sam’s club membership except you only have to pay it once - meaning that your membership at REI is probably less valuable than your membership at Sam’s club. |
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