this post was submitted on 25 Aug 2023
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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.

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These companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m

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[–] [email protected] 157 points 2 years ago (57 children)

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.

[–] [email protected] 50 points 2 years ago (28 children)

Sounds great, and sure might as well pass it, but there's a lot of ways to get around it

  • Shell companies
  • TC in stock/bonuses
  • Outsourcing to contractors
  • Utilizing foreign jurisdictions
[–] [email protected] 39 points 2 years ago

There are solutions for all of those loopholes, but it will hurt our congresspeople's investments so it will get shot down

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