Forum Post: Robert's Rule of 100
Posted 12 years ago on Oct. 31, 2011, 6:35 a.m. EST by racjis
(0)
from Oklahoma City, OK
This content is user submitted and not an official statement
This is an idea I've thought about for some time. This seemed like a apropos forum to suggest it. No corporate executive should make more than 100 times the corporation's lowest salary. This gives corporate executives an incentive to raise the lowest salaries, distributes the corporate wealth more equitably, and would raise the income of the middle class. Not an idea that could be imposed by government, but a rule that could be used as an ethical standard for corporate governance.
How about a better idea, make sure all employes get part a percentage of the profit of the company spread out evenly to the workers. This way workers have a vested interest in making their company work and benefit with increased wealth. At least that's what I plan to do when I get my second business going.
I think it has merit has a social move. Unfortunately, those that are the CEO will never humor it.
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