Discussion for article #222469
A maximum spread would still be better. The lowliest paid worker should be entitled to hourly wages at least 1/100,000 the richest executive’s total annual compensation. It would align the self interest of the CEO with the needs of his human resources. Market wages for unskilled labor would cap executive pay in the low 6 figures and an executive who figured out how to pay everyone $50 per hour would truly be worth $5 million.