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cyu@sh.itjust.works

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Starbucks refuses to guarantee 2% raises - well below cost of living increases. Their CEO make millions. They can afford it. (connectified.com)

submitted 5 months ago by cyu@sh.itjust.works to c/unions@sh.itjust.works

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[–] gandalf_der_12te@discuss.tchncs.de 2 points 5 months ago

tl;dr: We’re wasting our time enraged over CEO pay. We need to focus on raising wages, but it ain’t comin’ out the CEO budget.

i think there's also an important symbolic gesture here. it's not only that the CEO's salary would make that much difference to employee pay, but it's also that the CEO specifically (representing the company) should make sure that the workers are well taken care of. And if their wage is too low, that means they're not well taken care of, and the CEO is not doing a good job, so they don't deserve that pay-out. It's not about the cost of the pay-out to the company, but about incentivizing the CEO to actually care about the workers.