“average top CEO compensation was $15.6 million in 2021, up 9.8% since 2020. In 2021, the ratio of CEO-to-typical-worker compensation was 399-to-1 under the realized measure of CEO pay; that is up from 366-to-1 in 2020 and a big increase from 20-to-1 in 1965 and 59-to-1 in 1989”
Yeah worker owned coops still have ceos. They perform a useful role as coordinative support staff. The problem isn’t that you have bosses, it’s that they aren’t accountable to you. They’re treated as face to an oligopoly, but they could instead be the head of a democracy. They also really don’t need that level of compensation
I agree with your entire comment, though I will say that an important part of the democratic process is not only voting, but also debate and discussion.
I think workers should regularly come together to have discussions about the direction and performance of the company, the performance of supervisors, and more, while also having the ability to effect change on those processes through democratic means. This ensures people stay engaged and informed, while empowering them in a way that furthers both their development, and the development of democratic consciousness within the company.