Does anyone know hot they justify such high wages. I know they get things like stock options and bonuses. But how does a board of directors on behalf of the shareholders, the people that are supposed to be making mo ey for, so ok to that much money. CEOs absolutely cannot provide that much justification.
this post was submitted on 19 Jun 2023
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Work Reform
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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.
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- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
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- Higher wages for underpaid workers.
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- Better and fewer working hours.
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The dominant view of workers is not that they create value, but that they are an expense that should be cut whenever possible to allow for the profit to go to the capitalists. They don’t have to justify it, because fundamentally they believe that all of it is theirs. Rather, it means that anything that increases costs has to be justified to them, because the default position is that they deserve 100% of every bit of wealth created.
Thank you. That is a wonderfully written. It puts things into perspective.
Because they are the same people, or friends, or relatives. They belong to the same social class so if they themselves deserve the wages then the CEO:s do the same...
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