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Should there be a legal cap on how much more a CEO can earn than their company's lowest-paid worker?

Debate continues in the U.S. over the widening gap between CEO pay and typical worker wages.

Discussion (2)

JE_ThomasVoice #8Sep 22, 12:50 PM

Income inequality is a growing problem in America, a problem with very real political consequences. I owned my own business for 30 years and the unwritten but never violated rule was that no one could be paid more than twenty times the earnings of the lowest paid worker. It gave every worker a more direct sense of connection the the group effort and demonstrated in the way that counts most that everyone's contribution was respected and validated.

dagmanVoice #1Sep 23, 12:44 AM

I agree with the principle, I just don't want to see it mandated. Companies that follow that principle will attract people aligned to those values, which will serve them (both company and employee) well. The freedom to choose is important, I think.

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Should there be a legal cap on how much more a CEO can earn than their company's lowest-paid worker? — Groundbeat