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GMB's avatar

The pay inequality between CEOs and workers in the United States is probably the highest in the world. It needs to be regulated by the government which even to me sounds extreme, but given the trend line for more than 40 years there doesn't seem to be any other option. It still wouldn't be socialism, just a way to prevent our current slide to oligarchy. And yes Bernie Sanders is funny but just reinforces the misperception.

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Cathy Learoyd (Texas)'s avatar

Yes, when I was sitting in meetings with the senior managers I would calculate how much the meeting was costing based on their salaries. Of course, if they are making million/billion dollar decisions perhaps the salaries were worth it. I remember a story (not at my company) about senior executives hiring the prettiest secretaries not always competent. The company made a rule that the executive assistants had to have a salary no less than 50% of the executives. Sure worked. the executive assistants were highly competent! It is also good if the decisions are being made on human terms. I remember this hitting home when having to come up with how many of the product we were developing would be manufactured over its life. For me, I realized i was making a decision that could close a manufacturing plant or open a new one and the impact it would have on 800 or more families. I had some sleepless nights over that.

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