Editing Shareholder value (section)

=== Criticism for worker devaluation ===

==== Compensation packages ====
Within the 80's and 90's, numerous companies faced lawsuits from current and former employees alike for reducing or withholding workers from accessing benefits in the present or during retirement. The SV model has led to reduced pension support as a means of maximizing profits at the cost of the employees. Some companies have switched matching pension plans monthly to once a year.<ref name=":3" /> Critics remain alarmed at the nature of cutting out or underestimating the value of the labor a worker produces for maintaining or raising the value of stock. The reduced benefits are attributed to the trend of the corporate world's reduction in investing in non-shareholder constituents because it is not an immediate money producer—the main goal of SV theory.<ref name=":2" />

==== Layoff practices ====
The aforementioned status of workers faces criticism when looking at how this "reduced pension matching" loophole becomes manipulated. If laid off before the pre-pension matching period is complete, there is no compensation. Furthermore, mass layoffs have affected companies in the home headquarters with many jobs either going overseas or being hired out to [[Offshoring|contractors]] from similar positions to those that were laid off for lower benefits and protections as critics and experts have noted.<ref name=":5" /> According to economic experts and critics alike, the [[Layoff|downsize]]-and-distribute model invoked by SV theory extracts value and then further ingrains employee instability and greater income inequality.<ref name=":6">{{Cite news|date=2020-09-13|title=Greed Is Good. Except When It's Bad.|language=en-US|work=The New York Times|url=https://www.nytimes.com/2020/09/13/business/dealbook/milton-friedman-essay-anniversary.html|access-date=2020-12-19|issn=0362-4331}}</ref><ref name=":7">{{Cite magazine|last=Kolhatkar|first=Sheelah|title=The Economist Who Put Stock Buybacks in Washington's Crosshairs|url=https://www.newyorker.com/business/currency/the-economist-who-put-stock-buybacks-in-washingtons-crosshairs|access-date=2020-12-19|magazine=The New Yorker|date=20 June 2019|language=en-us}}</ref><ref name=":8">{{Cite news|date=2014-09-01|title=Profits Without Prosperity|work=Harvard Business Review|url=https://hbr.org/2014/09/profits-without-prosperity|access-date=2020-12-19|issn=0017-8012}}</ref>