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CEO to Worker Pay Ratios for S&P 500 Companies
(mander.xyz)
cross-posted from: https://mander.xyz/post/21637355
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this post was submitted on 09 Dec 2024
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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.
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- 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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The CEO pay is hilariously misrepresented as well. The Airbnb CEO might not get a huge salary compared to some of the others but he gets monstrous pay packages. He got $120 million in bonuses and stocks alone a few years ago.
Same goes for all CEOs. They typically wrap an ass ton of their "income" into bonuses and stocks options.