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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (293343)7/4/2006 6:29:04 PM
From: Taro  Read Replies (1) | Respond to of 1573925
 
Weird idea.
How would such a company ever be competitive?

Taro



To: bentway who wrote (293343)7/4/2006 11:42:25 PM
From: Elroy  Read Replies (1) | Respond to of 1573925
 
What do you think of this idea Taro. Have all compensation be based off the compensation of the lowest paid employees in an organization. That way, the ONLY way for CEO's to jack their pay would be give raises to the serfs, and in doing so, they'd be increasing the pay of EVERYONE in the organization.

You have kids? Should your monthly disposable income depend on their monthly allowance?



To: bentway who wrote (293343)7/14/2006 1:07:23 PM
From: TimF  Read Replies (1) | Respond to of 1573925
 
Than the company would outsource, automate, higher contractors, etc. for the lower wage work. So in practice you might not get what you want.

More fundamentally I think its none of your business (unless your a shareholder), and non of the government's business what a company pays its executives.

It is the business of the corporate owners (shareholders for public corporations), and maybe there is sometimes a problem with the companies not responding to the shareholders interests in terms of paying the execs too much, but if that is true, it doesn't necessarily require government intervention, and if the government has any role it would be in terms of facilitating share holder control, not setting wage limits (either specific wage limits or multiples of the average, median, or lowest paid employees).