Quote:
Originally Posted by Aliantha
Capping executive salaries is a good idea in theory, and I've put some thought into it. From where I'm standing, the only way you could do it fairly would be to make executive salaries only a certain percentage higher than their lowest paid full time employee. That percentage would be the issue, but it would certainly limit the amount multi-national corporations could pay their execs, but still allow them to pay the sort of money which is usually comensurate with the knowledge and experience required to fill such positions.
eta: This system would obviously very likely improve the salaries paid to lower income earners which could be a good thing. Kind of like re-distributing the wealth.  |
I have actually proposed this before, because the real problem is that fact that executives in the US now make almost 500x more than the average worker. Bring that back down to where it should be and where it is in other countries, which more like 30%. And that is where it used to be in this country as well.