3 ms·
How about no salary cap but a maximum difference factor between the highest paid and the lowest paid in any company? Not sure what the figure should be (x10?,
by mfuzzey 3y ago
How about no salary cap but a maximum difference factor between the highest paid and the lowest paid in any company?
Not sure what the figure should be (x10?, x20?, x50?, x100?). That way companies that want to pay higher saleries to their CEO would have to increase everyone's salary.
But there would need to be a way of stopping companies just using shells and subcontracting all the real work to low pay subsidiaries.
- krupan 3y agoYou're right, companies would stop hiring employees and just work with contractors. These kinds of regulations never work like you want them to. Just let the market do it's thing.
- asadotzler 3y agothen make the same ratio apply to contractors. you're working awful hard here to defend corporations. why?
- larkost 3y agoAn escape from something like this is why companies no longer employ their own janitors, but rather contract that out. The IRS rules went in that said that with the exception of your executives (that is a whole other conversation), everyone has to have the same plan for insurance and pensions. Since they did not want to give out that much money for janitors, they got kicked out of the companies.