What if wages for everyone in a company are regularly voted on by the rest of the company? For example, if the manager isn’t doing their job, their wages are lowered by vote. If the manager tries to lower the wages of the workers to a horribly low level, it could either a) be overruled by the majority, or b) the manager’s wages are lowered suit, pressuring them to increase it.
This is probably a really stupid idea that is extremely prone to corruption, but why?
edit: yep this really is a stupid idea
Holy shit any company I’ve worked at has been political enough. This would be absurdly detrimental to mental health…
While in concept I agree. I would rather see a wage tier approach where the lowest paid employee can never be less than say 10% of the CEO (total compensation) then managesr say 40% (managers make no more that 2.5x the lowest) and executives 25%. Something like that.
I would love that ensrined in law. Maybe not those numbers but fuck it, make it a party platform and set it at the government level. And don’t give the CEO’s some kind of consulting loophole.
I say this as someone that makes a well above average wage.
This is a really stupid idea, indeed. To be fair, the idea that the lowest paid employee should be some % of the CEO’s does make sense. Maybe not 10%, but a % would be better than minimum wage. It would also mean that CEOs can’t just keep on increasing their wages every year
Yeah my numbers are just examples but he idea is there.