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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Microsoft CEO Nadella's compensation drops... to $48M โ€” CEO to employee pay ratio hits 250 to 1::Try to hold back your tears as CEO to employee pay ratio hits: 250 to 1

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[-] Torvum@lemmy.world 5 points 1 year ago* (last edited 1 year ago)

I can see your point, but I am also tired of pointing to CEO salaries and thinking that reducing them will make any meaningful increase on company wide salaries.

There's always making cost scalable to reported profit. It's annoying to see a company like Amazon make so much but pay employees so little because it's"competitive pay" to the business they're ruining through monopoly.

this post was submitted on 21 Oct 2023
334 points (96.6% liked)

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