These companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m
Everyone in the country should strike, keep your homes and others should take them from corporations . Move in and squat, literally millions of us.
#abolishWageSlavery
But they bring so much value for that $601. Like figuring out how many people to fire to maximize revenue for shareholders. Come on, doesn’t that deserve a $15 million salary?!
It’s ironic, they’re the one position that I think at most companies provides no value at all. They think they’ll be the ruling class in an apocalypse, but they don’t realize that they have no marketable skills whatsoever.
Yes and no. They can’t do what everyone else can do and not many can do what they do. You only see the darker side of thing and yes most are incredibly evil in many ways.
However, someone has to organize. Someone has to delegate. Someone has to decide. Do they deserve that much money? No. Does the position need to exist? In many ways it seems so.
Perhaps it’s more accurate to say that they don’t have a unique skillset. You’re right that someone does need to delegate, organize, and decide, but the ability to do so isn’t special at all. You could probably put any given technical worker in that position and they’d do just fine too.
Experience of course is what really shines here, but the problem is the same as politics. They may have more experience, but the decisions they’re making aren’t for everyone’s best interest. They’re biased towards the newer, richer friends.
This experience vs corruption duality is tough. It’s also there when you have the government making policy. The experts you want to consult on how X is made and what regulations there need to be are those who are experiences in making X – but those same groups also want money and clout, and will try to get that into the regulations. I’m not sure what a good solution is.
Feels like this is actually a way to make it seem like less of a gap? Hourly workers (the workers discussed here for the most part) think of wages in, you guessed it… hours. To keep it clear, tell them, “You make $10 an hour, but your CEO makes $6,000 an hour.”
Or even better, “Your CEO makes more in a single day than you do in an entire year of full time work - Almost double what you make in a year in fact. And that day your CEO ‘works’ is a fairly relaxing day with a long lunch break, a private office and air conditioning,”
By their metrics that’s a resounding success.