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
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.