There should be no profits, no bonuses, and no dividends until every worker (not employee, it doesn’t matter what your relationship with the company is if they benefit from your labour) is making at least a living wage with full benefits. Executive pay should be capped at a multiple of the pay of the lowest paid worker and of the average pay paid to all workers.
There should be no profits, no bonuses, and no dividends until every worker (not employee, it doesn’t matter what your relationship with the company is if they benefit from your labour) is making at least a living wage with full benefits.
To get anywhere, you must define “living wage” concretely. You can use variables of course, but without at least a ‘formula’, “living wage” is just a meaningless, unachievable talking point. You at least have to know what you’re aiming at, to have any hope of achieving it–you’ll never get anywhere just saying “living wage”, because ‘enough to live on’ does not nearly have the same definition for everyone. So, what’s the baseline, in your view?
Example: ‘the living wage should be enough money to afford [list of things] with $X leftover for discretionary spending/saving.’
There should be no profits, no bonuses, and no dividends until every worker (not employee, it doesn’t matter what your relationship with the company is if they benefit from your labour) is making at least a living wage with full benefits. Executive pay should be capped at a multiple of the pay of the lowest paid worker and of the average pay paid to all workers.
To get anywhere, you must define “living wage” concretely. You can use variables of course, but without at least a ‘formula’, “living wage” is just a meaningless, unachievable talking point. You at least have to know what you’re aiming at, to have any hope of achieving it–you’ll never get anywhere just saying “living wage”, because ‘enough to live on’ does not nearly have the same definition for everyone. So, what’s the baseline, in your view?
Example: ‘the living wage should be enough money to afford [list of things] with $X leftover for discretionary spending/saving.’