tie executive pay to worker salaries
Don't cap executive pay at a dollar amount - but tie it to the median wage their workers are paid. For example - pass a law that says no executive can make more than 20 times the median and 50 times the lowest paid worker in the company. That way - execs can give themselves raises whenever they want - but if an only if they give EQUITABLE raises to their workers. If the boss gets, a raise, everyone gets one - and if the boss gets a raise of $1000 a week, the median worker would get $50 a week and the lowest paid would get $20. It's still disparate, but right now execs are earning HUNDREDS OF TIMES what workers are making, and it's increasing, and there's no end in sight - and that doesn't even count stock options.
DAN 1 commented
In a Worker Owned Company, the Workers would be their own execs.
Last Iconoclast commented
Remember back when Bill Bennett(The Big Book of Virtues) and others were so concerned about the "Dumbing Down" of America? We insist on higher standards for our students inversely proportional to highest management! What happened to the mantra of "PERSONAL" responsibility? "Tough on Crime"? "Love it or Leave IT"