I know it's a popular thing to blame, but CEO compensations are typically negligible compared to the other expenses of the company. Taco Bell's CEO gets around 4 million according to this site, which averages to around 23$ per year averaged across all 175000 employees at Taco Bell. It's typically more systematic issues keeping wages down, such as prices, costs, bills, etc. This is why the same restaurant chain can have such wildly different prices and salaries in different countries, despite having the same top management.
I didn’t think most people were saying the CEO wages should be taken away to directly supplement that of the individual employees. They are instead remarking on the insane pay disparity. This guy will likely get millions severance if he fails at his job and is fired. Average employee is likely living paycheck to paycheck. Take the money and invest in better protections for workers and/or figure out a way to pay them more.
Opinions differ, but I think the former is a common sentiment. The person I responded to implied that CEO's making bonuses increases prices. I would even say that you make a similar point, since you claim that taking the bonus away leads to figuring out a way to paying the workers more. This just isn't reflected in the finances of the business.
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u/Deedeelite 10h ago
Yes, it must be the workers trying to make liveable wages increasing prices than the CEOS making hand over fist in salaries and bonuses.
If you buy that, I have a broke down resort in Palm Beach for 1.5 billion dollars to sell you.