I’d love to see a federal cap as a percentage of minimum earner’s wage. They have an overinflated self worth and are ruining the world with their greed and hubris.
Set executive pay to a multiple of median non managerial pay, with bonuses for the median out pacing inflation. With a quarter size bonus for profit increases.
Make it federal law for all publicly traded companies, and also require labor representation on the board of all publicly traded companies.
Just don’t say any of that before an election, because you’ll end up with less media coverage than Vermin Supreme.
Never tried the numbers of all executive pay, but did it with American Airlines and their CEO. (This was back on reddit, not going digging there.)
tl;dr: If American payed their CEO $0 and spread the wealth, each employee would get a $.19 raise. Oh boy.
It’s easy to point and say, “Oi! Why is that guy getting paid so much and me so little!” Executive pay amounts amounts to beans, but it’s easy to understand and get upset about. Meanwhile, they have dozens of other tricks, stock buybacks come to mind, that siphon billions away from labor.
Beautiful!
I wish they negotiated executive comp down while at it, these parasites been fuck up after fuck up.
I’d love to see a federal cap as a percentage of minimum earner’s wage. They have an overinflated self worth and are ruining the world with their greed and hubris.
Set executive pay to a multiple of median non managerial pay, with bonuses for the median out pacing inflation. With a quarter size bonus for profit increases.
Make it federal law for all publicly traded companies, and also require labor representation on the board of all publicly traded companies.
Just don’t say any of that before an election, because you’ll end up with less media coverage than Vermin Supreme.
Keep talking like that an daddy’s regime will take you the farm, boy!
Never tried the numbers of all executive pay, but did it with American Airlines and their CEO. (This was back on reddit, not going digging there.)
tl;dr: If American payed their CEO $0 and spread the wealth, each employee would get a $.19 raise. Oh boy.
It’s easy to point and say, “Oi! Why is that guy getting paid so much and me so little!” Executive pay amounts amounts to beans, but it’s easy to understand and get upset about. Meanwhile, they have dozens of other tricks, stock buybacks come to mind, that siphon billions away from labor.
They get paid these big money to do stock buy backs and other crime against labour.
Compensation Committee is a check on their priorities that board wants executed
The more tricks a ceo whore do, the better the comp package.