Perhaps we could come up with a system whereby those who elect to have LLC/corporate protections will have their total compensation restricted to a lower multiple of the lowest-paid person who works for the same company or group of companies.
The elite have made sure they are protected. I like to see the “little guy” (who does all the work) protected as well; which is why I support unions and trade restrictions.[/quote]
I hate the Unions and their BS tactics. They had their place in the History but now they are as much a cause of destruction of American Competitiveness as those CEO’s who make Millions while their company loses money.
I’ve dealt with them in many instances and they just breed laziness and sense of entitlement. I don’t buy into this “real work” is only in physical labor/making something. In my business, people who work the hardest are the management & salaried employees who gets no OT but just really want to do a good for the company while those so called people who do “The Real Work” just complain about their rates, Bennies, holiday pay, lunch, turn arounds and title constantly. And those guys actually make a lot of money while Salaried employees make very little unless they make it to Upper Management.
But I am all for tying CEO’s & Board of Directors pay to multiples of lowest paid employee or to average pay of none upper executive employees.
We pay insane amount of money to Executives and this is not a norm. And this “if we don’t pay all the best brains will leave us” excuse is a BS. Executives in Most other countries don’t make that kind of crazy money, so where the hell are they going to go?
