I’ve learned so much from PBS. And when I say “PBS” I mean Pearls Before Swine, the comic strip. (What, did you think I was talking about that highfalutin TV network?) Here’s Stephan Pastis’ brilliant strip from yesterday:
Astounding, ain’t it? Good work if you can get it…
Yeah, I know you can counter this with an argument that CEOs are the LeBrons and Beyoncés of the corporate world, and superstars get super pay. (Pro tip: you probably shouldn’t use LeBron and Beyoncé as your examples, as Blacks and women are woefully underrepresented at the CEO level.)
Are CEOs really nearly a thousand times better than they were back in 1978? Highly unlikely. Not even the CEO of Stark Industries deserves that big a bump, and he’s saved the world a time or three.
I’m not saying CEOs shouldn’t make millions… but their salary should be linked to the salary of the worker bees in their company.
Ideally, we would tie worker pay to executive pay. The maximum ratio would be enforced by law. In order for those at the very top to enrich themselves more, they’d have to raise the wages of their employees. Companies would no longer be able to pay minimum wage to many of those at the bottom and tens of millions to those at the top. All the happy corporate talk about “team members” would finally mean something real.From this Gawker article back in 2013! Nothing has changed since…
That way when the kingpins get the gold mine, the rank and file won’t get the shaft. And the rising tide will truly lift all boats… not just the yachts.