It's time
this post was submitted on 25 Jun 2025
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It's way past time.
Though I think rather than try to set some fixed number, it should be something like, "the highest paid employee of a company shall be paid no more than ten times the amount paid to the lowest paid employee of that company."
So if the CEO receives $1 million / year in total compensation, the entry-level pay for the lowest skilled job is $100k/yr.
This solves both the minimum and maximum wage problem.
This is what I want to be paid. Sick of minimum wage. Shit, I ain't even ever had median wage! 😩