MilSpecs wrote: ↑Sat Mar 16, 2019 5:42 am
I’d support a scheme that links pay for everyone else in a company to management compensation.
My work offers shares at 50% of the listed price - salary sacrificed so the money comes out before tax.
2.5K of my untaxed money each year, and 2.5K of their money each year gives me plenty of incentive to make sure the place makes money, and them plenty of incentive to help me do it. Seems like a win/win to me, rather than bankrupting a place that has mouth breathers that only turn up for a paycheck, and really couldn't care if the company goes balls up 5 years from now.
And nobody is making them do it. They just see the sense in the buy in. They'll get more out of the staff there that way than a buck or so pay rise (67c after the govt takes its cut, of course).
What do I care that the owner is a multi billionaire making more money in an hour than I do in a year? I'm going to retire on a good wicket, and life is pretty good right now.