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CEO Pay Has Risen 1,085% Since 1978, But for Workers? Just 24%
(www.commondreams.org)
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this post was submitted on 19 Sep 2024
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Work Reform
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Why would it be fixed through shareholder voting? Most employees aren't represented in those votes. The major shareholders have fundamentally different interests that are opposed to the interests of the employees. If employees were a majority shareholder, then that could work, but that's almost never the case.
My comment was aimed more towards the excessive CEO pay, not the stagnation in worker's pay.
Probably not the best source (just one of the first Google results), but as an example, if I read something like this:
Then it seems to me like the shareholders somehow got the short end, despite being the ones with the power to make changes.