this post was submitted on 21 Oct 2024
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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Never tried the numbers of all executive pay, but did it with American Airlines and their CEO. (This was back on reddit, not going digging there.)
tl;dr: If American payed their CEO $0 and spread the wealth, each employee would get a $.19 raise. Oh boy.
It's easy to point and say, "Oi! Why is that guy getting paid so much and me so little!" Executive pay amounts amounts to beans, but it's easy to understand and get upset about. Meanwhile, they have dozens of other tricks, stock buybacks come to mind, that siphon billions away from labor.
They get paid these big money to do stock buy backs and other crime against labour.
Compensation Committee is a check on their priorities that board wants executed
The more tricks a ceo whore do, the better the comp package.