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The answer is easy, just cap CEO pay. Execs can only earn 25X the average salary of employees incl benefits. That multiplier goes up 1x per 1000 employees or w
by gremlinsinc 10y ago
The answer is easy, just cap CEO pay. Execs can only earn 25X the average salary of employees incl benefits. That multiplier goes up 1x per 1000 employees or whatever is fair there could be a different algorithm but something along those lines. But there's a measurable way to raise the CEO's pay: Hire more employees, and/or raise wages. -- Along these same lines Congress should also be capped at the average American yearly income + benefits = to average American's. -- Why should they get anything better than the rest of us?
- AstralStorm 10y agoBut facetiously, they make the laws to give themselves salaries... Plus there are other loopholes, some of which are already used, such as banking in Cayman I islands, and being located in a more "friendly" country.