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The lack of prosperity is due to only top management receiving compensation in stock. What if legislation existed that mandated some percent of an employees pay
by andrewjl 9y ago
The lack of prosperity is due to only top management receiving compensation in stock. What if legislation existed that mandated some percent of an employees pay must (if said employee chooses that is) be in the form of stock for publicly traded employers?
I understand that it's still peanuts compared to the structural imbalances at play here. More of a first step.
- lostboys67 9y agoWell you mandate the all employees must have access to the same share option plan on the same terms that the executives do would be a start - this would stop the abuse complex LTIP for the board. Or maybe mandate that PLCs can distribute a certain amount stock tax free to employees say $2000 per anum
- andrewjl 9y agoExactly. The same terms that the executives do part is crucial.