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this post was submitted on 19 Sep 2023
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Why not simply increase basic pay? The younglings no longer want these """"""""""""""perks""""""""""""" because they know it comes with many caveats.
Then Meta won't be a billion $ company. There's a reason workers are paid less, let's say a janitor gets paid $8/hour and the CEO gets paid $10000/hour.
If you start paying a janitor $10000/hour , tomorrow the janitor may ask the CEO to clean toilets as they both are getting paid equally or won't show up to work as the janitor has too much money to keep cleaning toilets. That's why we have hierarchy and front line workers needs to be at the bottom of this. Welcome to Capitalism !
Interesting how there is no middle ground between $8 an hour and $10000 an hour. What do you think of $20 an hour? That is still 500 times less than a ceo pay so the ceo doesn't need to clean toilets any time soon.
The janitor works for $8/hour out of desperation. The CEO works for $10k/hr out of greed. The difference in pay rates based on position should be regulated. I think a CEO should only be paid at most 10 times more than the lowest paid job in any organization. That way everyone will have some parity and a shot at a decent life even at the low end.
I understand where youre coming from but in real world that's not how it works. Look around , ask around.