and yet the people doing all that producing aren't getting rewarded for that extra productivity
Yep, I get this too - which is part of why there are people like Bill Gates saying that robots should be taxed like people. But, the question is, what is acceptable as a salary for a person that doesn't necessarily do that much? I have the same issue with CEOs and execs too. I think there should be a salary cap on CEOs, where for example, they can't earn more than 100x someone in their supply chain. That is not just their company.
So yeah, people should quit... until the workers start getting paid like they are owners.
I also think that employees should earn more stocks and options. This makes them owners. Everyone should be treated like an executive, just at different rates perhaps.
Definitely absolutely agree that employees should earn more stocks and options, even at the lowest levels. This is a great idea that I actually haven't thought of or come across before.
Absolutely love the idea of CEOs and execs not earning 100x in their supply chain. Of course stocks, benefits, etc tend to muddy those waters a lot.
The question on an acceptable salary for someone who doesn't do much is a great one. I think it comes down to responsibility... you might not actually do much, but what happens if you don't do the things? I think we've spoken about this before, but generally people are paid according to how hard they are to replace, not what they're worth.
This is why it has to all be transparent and on blockchains - it has to always equal zero and if it doesn't - shenanigan's are happening.
Yes, which is why so many used to hoard information to make themselves "safe" from getting fired. Now, it is those who do this that get fired - -collaboration is key and it is hard to replace someone who is the glue in the communication chain.
All of this raises a lot of interesting discussions and ideas - and they should be talked about openly. We need to reevaluate and define what it means to "have value".
Absolutely!
The idea that any company doesn't allow their employees to talk openly about their salaries just seems so predatory. Absolutely love the idea of moving it all to transparent blockchains.