Post by @pluvialgeist
For any business out there, big or small:
I'll be your company's CEO and do the work of coordinating the people who do the actual work that makes your company a thing for a salary equivalent to the salary of your lowest paid employee.
You read that right.
I'll be so chiefy and very executive, and I'll be happy that everyone else gets paid the same as or more than me.
Give your current CEO the chop and see why I'm rated as the Chiefiest and Most Executive by Very Serious People.
Unlimited time offer.
@pluvialgeist During my teenage years, Time magazine published an issue with the cover page saying "Super Japan" as I recall.
In one of the issue's Japan focused articles, this one fact immediately caught my attention :
By tradition if not law, the Highest paid worker in any Japanese Company could only earn as much as Seven times, 7X, the lowest paid worker in that same company.
The article cited a factory floor janitor/caretaker and the General Manager's take-home pay.
I recall the article ended by contrasting that Japanese wage range with how much U.S. CEOs were paid compared to their company's workers being paid minimum wage.
![image]Time Magazine Cover Page from July 4 1988, Super Japan is superimposed upon backdrop of Japanese Flag rising sun. Also superimposed is the question Can an economic giant become a global power? (https://i.etsystatic.com/19687807/r/il/75981d/4664971837/il_1140xN.4664971837_sglr.jpg)
@himysyed I don't think CEOs should be making more than the laborers who do the company's actual work.
Seven times more than the lowest paid worker in the same company is more reasonable than what we have going on here in the USA, for sure, but it's still inappropriate. (Also, that issue of TIME was published in 1988. I'd bet things have gotten worse in Japan since then.) No one person in the company does so much more work than any other person in the company that they should be compensated so disproportionately.
CEOs, like politicians, should be made to live off the base wage / minimum wage. If they find that it's difficult or impossible to live (i.e., it's a struggle to pay for nutritious food, safe shelter, and quality healthcare) on that base wage, they increase the base wage. Simple.
No "chief executive" is any more indispensable than any other employee of the company. No one should be getting filthy rich while some of us (employees, citizens) struggle to live in poverty.
So that's my pledge to any company who wants to hire me as CEO:
I'll do the work of "chief executive" (namely: delegate effectively and advocate for and support our employees to the very best of my abilities) for the low cost of simply not having to stress about how I'm going to pay for food or rent or my next motherfucking visit to the doctor.
(Forgive the language 🙏 I'm mad, but not at you.)