Originally Posted by
SiShane
So I saw an article which showed that the CEO of Taco Bell makes 420x what a typical worker at a store makes which is ridiculous in my opinion. But it made me think what if they made a cap on how much a CEO can make. Not in terms of dollars but relationship to their lowest paid employee? Dunno just a thought...
CEOs and upper management make what they do because their segment of the workforce has done a better job at gaming the system. Adjusted for inflation, upper management pay has far outstripped the pay for everyone else in the workforce. Are we getting better management? No. They are just using their leverage better.
The answer is not a cap. There are too many workarounds. The answer is to start a shareholder's revolt, and vote out the boards of director and replace them with people that have the interest of the company at heart, and not the interest of feathering their cronies' nests. How many boards is BH on?