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CEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report finds
(www.theguardian.com)
this post was submitted on 25 Aug 2023
703 points (99.4% liked)
Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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A good reason to have laws regulating the maximum pay gap between executive and the lowest paid peon. And make sure to include all types of pay like stock options so companies can't squirm out of it.
I'd be absolutely ecstatic for a 1:4 ratio.
That's just bringing down the top without helping anyone. Need to lift from the bottom instead
You can also raise the bottom to make that ratio reach the top...
You're not really all that familiar with how ratios work are you lol
Sure I am. If employees made $90/hr the ratio would be significantly improved. It's not the ratio that's the actual problem here. You get that right?
What in the fuck does "lifting from the bottom" mean to you if raising employee wages isn't it.
Lift from the bottom, pull from the top. The ratio is the actual problem here. You get that right?
They were talking about reducing ceo pay, which who cares? It's the workers that need the boost. Go back to reddit you jerk
Reduce CEO pay... to increase worker pay
Damn, that was hard.
Raising wages isn't a boost? The hell are you talking about
You need some reading lessons. MAYBE THIS WILL HELP?
THE GUY SAID CEO PAY IS TOO HIGH. WHO GIVES A FUCK AS LONG AS WORKERS EARN ENOUGH MONEY?
Lol you're trolling right?
CEO pay/4 > CEO pay/200
You get that right?
Oh my fucking God. What do you think we are talking about here?
Guy said lower ceo pay to increase the ratio.
Pay ceo 400,000, workers wages stay the same. How the fuck does that help?
Pay ceo 15 million and pay workers 485,000. Same ratio. Now we got somewhere.
People who want to enforce equality by imposing a ceiling are stupid. Impose equality by raising the floor. Who gives a fuck about the ceiling?
Haha what the fuck do you think we're talking about here? Nobody said lower CEO pay or anything about a ceiling, we're talking about lessening the pay gap by enforcing a ratio. If CEOs want to make huge wages they need to pay employees more. This is grade school math dude.
Obviously you're trolling and I'm just feeding it, but on the small chance that you're not... Well shit man, maybe don't dig yourself into stances so strongly if you can't do basic math?
Dude scroll up. Unless buddy edited the post, this entire response thread was a reply calling for reducing ceo pay to fix the ratio. Which I maintain, despite all the name calling, doesn't fucking help anything at all
No, it wasn't. You did a dumb, you doubled down swinging, and now you're trying to point the finger and lash out at everyone else out of embarrassment. Have some humility and own it or delete your comments in shame lol.