this post was submitted on 25 Oct 2024
270 points (99.3% liked)

unions

1364 readers
65 users here now

founded 1 year ago
MODERATORS
[email protected]
270
New York Times: CEO gets 36% raise, employees get 3% (union.place)
submitted 3 weeks ago by [email protected] to c/[email protected]
25 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 8 points 3 weeks ago (1 children)

Does it matter?

[–] [email protected] 4 points 3 weeks ago (1 children)

That depends on your values. If your values say quantifying how much workers stand to gain if they shut down exorbitant C-suite wages, then good for you.

[–] [email protected] 5 points 3 weeks ago

In most cases decreasing the CEO wage increase to increase workers would only increase workers wages by a tiny amount. That's almost never the point. The point is that giving the CEO a bigger raise than the workers is a mockery of who actually produces anything.