The Power of Stock
How owning stock can help
change gig workers’ rights
Gig work is great…
The gig economy has created a new way to work.
It offers an unmatched flexibility to a steady stream of accessible and on-demand jobs, like rideshare, food delivery and courier services.
It offers a worker an unmatched freedom to juggle and jump between gigs to create a work schedule that suits their life.
...but it needs to be better.
There are moments when gig work feels broken.
Unlivable Wages
A food delivery that pays lower than the gas cost to make the trip
Tip Baiting
An enticing tip that mysteriously drops to $0 after the order is completed without any issues
No Health Benefits
No support or aid when you have a medical emergency
Unexpected Deactivations
A gig company suspends your account with no warning or explanation
Unfair Dispute Resolutions
A customer complaint settles without your side of the story
How do we improve
the working conditions
of the gig economy?
Shareholder Activism
History has shown us there is another way to make change.
When people own stock in a company, they become shareowners. They earn the right to vote, speak and influence the corporate operations. The larger their share in the company, the larger their influence.
When a group of people organize en masse to own stock in a company, they effectively can short the system. They can become partial owners who can make fundamental change in the corporation.
Moves is banking
for change.
Moves is building avenues to create real change in the working conditions of the gig economy.
And it starts with free stock rewards.
When you bank with Moves, you'll get free stock rewards in the gig companies you work with. That means by simply managing your money with us, you're earning stock in gig companies like Uber, Lyft, and DoorDash.
Together, we can make
the gig economy work
for its workers.
As Moves makes more and more gig workers shareholders in gig companies, we are growing a worker-owned voice of the gig economy.
With these shareholder rights, we can then deploy tactics such as:
Shareholder Resolutions
As shareholders, we can submit proposals to gig platforms that get voted on at upcoming company annual general meetings. Want better gig worker representation on the company's board of directors? Want gig platforms to contribute to a coordinated health benefits plan? Shareholder proposals are a powerful, but often underutilized tool for change.
Proxy Battles
Let’s use our shareholder status to network. We can seek out other shareholders who may align with our proposals and garner support for various resolutions.
Publicity Campaigns
Let’s create a movement! Change can’t come if nobody knows the problems we’re setting out to solve. Roadside billboards, events & social media campaigns are all possibilities to bring attention to issues.
Negotiation
We aim to make the gig economy work for its workers. To do this, we need to have conversations with all parties involved, including gig companies. These companies have created a lot of value for the world, and are the reason we have access to such a flexible and independent way of earning a living.
Petitions
The simple power of numbers can be enough to make change. We can deliver signed petitions to gig companies that protest unfair practices, like withheld tips, excessive payout charges, and unprompted account deactivations.
Lobbying
For so many of the issues gig workers face, there is a regulatory body whose job is to oversee malpractice and identify gaps. As a group, we can surface issues to these organizations and help them help us.
In short, we can give gig workers an independent voice to make real change in the gig economy.
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