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Top 20 CEO pay in the S&P 500 is disgusting
(www.visualcapitalist.com)
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this post was submitted on 20 Sep 2023
216 points (97.4% liked)
Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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OK some priority is reasonable, the company needs to make some money to pay for investments.
But I absolutely agree, why are we rewarding companies that are practically doing con jobs on their customers?
Why would you buy stock, if they can't make money for investments?
Issuing new stock is mostly for startups and major changes in the business. Not for the normal progression of a company.