Purpose of any Company is Profits - screw the workers

Aliantha · 04-20-2009, 10:17 PM

Capping executive salaries is a good idea in theory, and I've put some thought into it. From where I'm standing, the only way you could do it fairly would be to make executive salaries only a certain percentage higher than their lowest paid full time employee. That percentage would be the issue, but it would certainly limit the amount multi-national corporations could pay their execs, but still allow them to pay the sort of money which is usually comensurate with the knowledge and experience required to fill such positions.

eta: This system would obviously very likely improve the salaries paid to lower income earners which could be a good thing. Kind of like re-distributing the wealth.

04-20-2009, 10:17 PM	#9
Aliantha trying hard to be a better person Join Date: Jan 2006 Location: Brisbane, Australia Posts: 16,493	Capping executive salaries is a good idea in theory, and I've put some thought into it. From where I'm standing, the only way you could do it fairly would be to make executive salaries only a certain percentage higher than their lowest paid full time employee. That percentage would be the issue, but it would certainly limit the amount multi-national corporations could pay their execs, but still allow them to pay the sort of money which is usually comensurate with the knowledge and experience required to fill such positions. eta: This system would obviously very likely improve the salaries paid to lower income earners which could be a good thing. Kind of like re-distributing the wealth. __________________ Kind words are the music of the world. F. W. Faber

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