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Originally Posted by BigBen
healthy business should cap the CEO wage at 30 times the lowest paid employee. The janitor makes 20k? CEO only allowed to make 600k.
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I really like this idea, actually. I'm a bit iffy on minimum wage's reliability as a method of minimising the effects of poverty, and this is a new one for me.
Only issue I see with it is it potentially putting a cap on the size of a company - expanding into new markets often means more employees, and while the amount of work a CEO has increases, their 'value' remains the same. Not sure if this is a bad thing though (those dirty rich bastards!).