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Jim "Scumbag" Farley
(lemmy.ml)
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this post was submitted on 17 Sep 2023
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Sure, but Ford made a profit of 10 billion last year according to google. That means that they can give every single one of those 186k people a 6000$ raise and still be left with almost 9 billion in profit.
Yes, that's a good example. All I'm saying is the CEO's salary is not the root problem here. It's more of a symptom.
Isn't the CEO one of the main people that decide salaries? When you're ok with you having a multimillion salary and you say that others should be happy with 60k a year... that sounds like a problem to me
The CEO decides salaries, but the CEO is also legally obliged to pursue profits for shareholders first and foremost. The issue isn't specifically the CEO, but the infrastructure that ensures the CEO behaves maliciously towards employees and customers.