Should the government dis-allow extreme pay gaps between CEO's and workers?

[K9Buck]

According to Ilhan, the CEO of Walmart makes $23 million per year and an average Walmart worker earns $23 thousand per year. Should the government disallow such a disparity? Should the government require that a much greater portion of that money be given to rank-and-file workers?

 

[Toro]

It's a fair question.

The problem is that no matter what the government does, people will find ways around it.

 

[Blackrook]

Everyone of those WalMart workers is free to leave and work somewhere else.

 

[RetiredGySgt]

Unless you change the Constitution the "government" can not tell a private company how much to pay its officers and I disagree with minimum wage too there is NOTHING in the Constitution that allows the Government to dictate to a private company what it pays its workers.

 

[Polishprince]

Look at it another way. The entire payroll at Walmart adds up to about $40 Billion a year. So the CEO only earns 1/2000 of his underlings combined. That's a lot less proportion of what the boss of a mom and/or pop store gets.

 

[TNHarley]

Unless you change the Constitution the "government" can not tell a private company how much to pay its officers and I disagree with minimum wage too there is NOTHING in the Constitution that allows the Government to dictate to a private company what it pays its workers.

The constitution also doesnt say the fed gov can tell a business they cant refuse service to someone for skin color or disability but they did it anyways.
Hell man, 80% of the fed gov is unconstitutional.
No need to change anything in the constitution..

 

[TNHarley]

No

 

[Crepitus]

According to Ilhan, the CEO of Walmart makes $23 million per year and an average Walmart worker earns $23 thousand per year. Should the government disallow such a disparity? Should the government require that a much greater portion of that money be given to rank-and-file workers?

Yes, they should.

It's fine for the CEO to make more money than everyone else, but that's more than 1,000 times more than the average worker.

 

[TNHarley]

According to Ilhan, the CEO of Walmart makes $23 million per year and an average Walmart worker earns $23 thousand per year. Should the government disallow such a disparity? Should the government require that a much greater portion of that money be given to rank-and-file workers?

Yes, they should.

It's fine for the CEO to make more money than everyone else, but that's more than 1,000 times more than the average worker.

He also has the stress of running one of the biggest businesses in the world.
When he fucks up it could cost millions. So he cant.
A worker can drop a jar of pickles or accidently stack the spaghettios in the ravioli spot.

 

[Dick Foster]

According to Ilhan, the CEO of Walmart makes $23 million per year and an average Walmart worker earns $23 thousand per year. Should the government disallow such a disparity? Should the government require that a much greater portion of that money be given to rank-and-file workers?

No but what they should do is make public companies separate management from boards by law so shareholders get a fair shake and the stupidity of exorbitant CEO compensation will end. It's idiotic to have the same person run a public company and at the same time run the board of directors that is supposed to oversee management. If they keep the company private they can do what they want but public companies should operate under a different set of rules.

 

[Crepitus]

According to Ilhan, the CEO of Walmart makes $23 million per year and an average Walmart worker earns $23 thousand per year. Should the government disallow such a disparity? Should the government require that a much greater portion of that money be given to rank-and-file workers?

Yes, they should.

It's fine for the CEO to make more money than everyone else, but that's more than 1,000 times more than the average worker.

He also has the stress of running one of the biggest businesses in the world.
When he fucks up it could cost millions. So he cant.
A worker can drop a jar of pickles or accidently stack the spaghettios in the ravioli spot.

Lmao @ "he can't".

CEOs fuck up all the time. Then they are removed and given millions of dollars in stock options.

 

[Desperado]

Absolutely Not
The government should not be telling anyone, anywhere for whatever reason how much they should make. keep government out of private companies.

 

[ABikerSailor]

You know, I like the system that Japan has. They actually value their workers and distribute profits back into the company, not just the CEO salaries.

Average Japanese CEO Earns One-Sixth As Much As American CEOs

 

[Toddsterpatriot]

According to Ilhan, the CEO of Walmart makes $23 million per year and an average Walmart worker earns $23 thousand per year. Should the government disallow such a disparity? Should the government require that a much greater portion of that money be given to rank-and-file workers?

Yes, they should.

It's fine for the CEO to make more money than everyone else, but that's more than 1,000 times more than the average worker.

You should definitely start your own company and pay the workers fairly.

 

[Toddsterpatriot]

You know, I like the system that Japan has. They actually value their workers and distribute profits back into the company, not just the CEO salaries.

Average Japanese CEO Earns One-Sixth As Much As American CEOs

Thanks for the link.


Average CEO pay at the 3,000 largest U.S. companies is $3.5 million, including stock options and bonuses, according to the Corporate Library, a research group.

While Japan maintains a relatively low CEO-to-worker pay ratio, the average American CEO now earns 319 times as much as the average American worker.

Their math kinda sucks.

$3.5 million divided by 319 is $10,972.

The average worker doesn't make less than 11 thousand.

 

[impuretrash]

Walmart employs some 2.2 million people so it wouldn't amount to much at all if the CEO pay was divvied up to the workers.

 

[Crepitus]

According to Ilhan, the CEO of Walmart makes $23 million per year and an average Walmart worker earns $23 thousand per year. Should the government disallow such a disparity? Should the government require that a much greater portion of that money be given to rank-and-file workers?

Yes, they should.

It's fine for the CEO to make more money than everyone else, but that's more than 1,000 times more than the average worker.

You should definitely start your own company and pay the workers fairly.

I already have, and I do. Of course it's a specialty consulting business. Not a fast food restaurant or retail. I have no minimum wage employees.

 

[Toddsterpatriot]

According to Ilhan, the CEO of Walmart makes $23 million per year and an average Walmart worker earns $23 thousand per year. Should the government disallow such a disparity? Should the government require that a much greater portion of that money be given to rank-and-file workers?

Yes, they should.

It's fine for the CEO to make more money than everyone else, but that's more than 1,000 times more than the average worker.

You should definitely start your own company and pay the workers fairly.

I already have, and I do. Of course it's a specialty consulting business. Not a fast food restaurant or retail. I have no minimum wage employees.

Excellent. So you can stop whining about the policy of others.