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"You can pay your CEO whatever amount you want so long as it isn't 50 times more than the lowest hourly wage times 2080 that you pay any employee of yours." ...
by jrs235 7y ago
"You can pay your CEO whatever amount you want so long as it isn't 50 times more than the lowest hourly wage times 2080 that you pay any employee of yours."
...
Queue the gig economy...
- ncallaway 7y ago"You can pay your CEO whatever amount you want so long as it isn't 50 times more than the lowest hourly wage times 2080 that you pay any employee of yours, any contractor of yours, or any of their subcontractors."
- xigency 7y agoAt a $10/hour minimum wage, that's a range between $20,000/year and $1,000,000/year.
- berbec 7y agoWhich is much better gap than $20,000/year and $2,284,044,884/year. [1] 1: https://www.insidermonkey.com/blog/10-highest-paid-ceos-in-the-world-in-2019-796222/10/ https://www.insidermonkey.com/blog/10-highest-paid-ceos-in-t...
- jrs235 7y agoMake the multiplier 500 instead of 50. Society determines what a "fair" value is and it might change over time.