8 ms·
> And with the stock market at an all-time high, corporate profits soaring, and CEO pay exponentially higher than their workers, execs can afford to share the w
by unmole 5y ago
> And with the stock market at an all-time high, corporate profits soaring, and CEO pay exponentially higher than their workers, execs can afford to share the wealth a bit.
Executive pay makes up a tiny fraction of the total salary expense of a large corporation. Even redistributing the entire salary of the CEO among workers will have no impact whatsoever.
- cma 5y ago> Executive pay makes up a tiny fraction of the total salary expense of a large corporation. If the Activision/Blizzard CEO's pay were lowered to 100 times median income, it would be enough to give each employee an extra $16,000.
- unmole 5y agoActivision/Blizzard are not finding it difficult to find workers through.