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perhaps make max executive pay+benefits proportional to the lowest full-time salary+benefits with a maximum ratio? The spirit of such legislation would be that
by Quarrelsome 4y ago
perhaps make max executive pay+benefits proportional to the lowest full-time salary+benefits with a maximum ratio? The spirit of such legislation would be that executives should then seek to increase salaries of their workers in order to then increase their own.
- nradov 4y agoExecutives would just contract out low-value tasks instead of hiring low-wage employees to perform them.
- Quarrelsome 4y agoSure, but when you outsource, you lose efficiency to an extent. Corporations are large because of advantages they get from centralisation resulting in administrative efficiencies and this would be forcing them to undo some of those advantages.
- anonymouskimmer 4y agoEven worse executives would ex-insource. There are plenty of permatemp agencies that can take employees off of your payroll, while keeping them still working inside your centralized structure. And there are plenty of corporations who have historically given slightly higher level employees a pink slip simultaneous with an on-site consultant contract.
- Quarrelsome 4y agothen it anchor it partially to the national median while providing an offset depending how well paid the rest of your staff is.