General Discussion
In reply to the discussion: Is it time for Maximum Wage [View all]TheKentuckian
(26,314 posts)I would even like a higher multiple to apply to shareholder payouts.
Something like a 20-1 gap from highest to lowest paid employee (including stocks, incentives, and accountable perks) and 50-1 gap between the lowest paid employee and the highest payout on a dividend.
You can pay the CEO a trillion dollars if you like but that is going to create some very wealthy janitors, data entry clerks, and stockers and break your company. Instead living wages, paying taxes, investing in communities and charities suddenly become very pragmatic.
Actual wage limits do little beyond pulling one or two more rungs of the ladder down into the masses a bit and forward their overly generous chunks to the real stringholders and probably would would whiff on the top rung brought down because they aren't salary focused so much either.