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New York Times: CEO gets 36% raise, employees get 3% (union.place)

submitted 1 month ago by cyu@sh.itjust.works to c/unions@sh.itjust.works

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[–] jmcs@discuss.tchncs.de 10 points 1 month ago (1 children)

Does it matter?

[–] qarbone@lemmy.world 3 points 1 month ago (1 children)

That depends on your values. If your values say quantifying how much workers stand to gain if they shut down exorbitant C-suite wages, then good for you.

[–] jmcs@discuss.tchncs.de 6 points 1 month ago

In most cases decreasing the CEO wage increase to increase workers would only increase workers wages by a tiny amount. That's almost never the point. The point is that giving the CEO a bigger raise than the workers is a mockery of who actually produces anything.