this post was submitted on 25 Aug 2023
786 points (99.4% liked)

Work Reform

9976 readers
2 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
 

These companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m

you are viewing a single comment's thread
view the rest of the comments
[–] aesthelete@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

Its a particular framing that I think we can say does not guarantee any kind of result of profitability, but seems particularly enshrined in modern management culture.

It's enshrined in a management culture that has largely conquered labor through a mixture of anti-union measures and taking capitalism global so that they can pay as close to zero as possible for labor in other countries.

Sure, the products and services (and the country) all suffer, but nobody really seems to give a shit about that.