250
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Aug 2024
250 points (98.1% liked)
Work Reform
9857 readers
923 users here now
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.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
founded 1 year ago
MODERATORS
Just index it to GDP/ inflation or executive pay/ compensation.
Executive pay would be nice. Make it so the CEO gets paid a maximum of 20x the lowest paid worker. CEO pay goes up? So does company minimum wage. Make it account for stock grants too.
Does that apply to those situations where a CEO's salary is $1?
But theyre paid in stocks?
Make it 1/20th the CEO's total annual compensation package value
Two ways I can think of to close that loophole: a) make tie the minimum wage to the executive's total compensation, so the workers either get the proportionate amount of stocks as the CEO or money of equivalent market value (also include expected performance bonus as part of that) and/or b) keep a basic minimum wage around as well, so that CEOs can't accept a pitifully low salary outright.