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[-] sunzu2@thebrainbin.org 17 points 1 day ago

Beautiful!

I wish they negotiated executive comp down while at it, these parasites been fuck up after fuck up.

[-] Skyrmir@lemmy.world 3 points 10 hours ago* (last edited 10 hours ago)

Set executive pay to a multiple of median non managerial pay, with bonuses for the median out pacing inflation. With a quarter size bonus for profit increases.

Make it federal law for all publicly traded companies, and also require labor representation on the board of all publicly traded companies.

Just don't say any of that before an election, because you'll end up with less media coverage than Vermin Supreme.

[-] sunzu2@thebrainbin.org 2 points 10 hours ago

Keep talking like that an daddy's regime will take you the farm, boy!

[-] shalafi@lemmy.world 1 points 10 hours ago

Never tried the numbers of all executive pay, but did it with American Airlines and their CEO. (This was back on reddit, not going digging there.)

tl;dr: If American payed their CEO $0 and spread the wealth, each employee would get a $.19 raise. Oh boy.

It's easy to point and say, "Oi! Why is that guy getting paid so much and me so little!" Executive pay amounts amounts to beans, but it's easy to understand and get upset about. Meanwhile, they have dozens of other tricks, stock buybacks come to mind, that siphon billions away from labor.

[-] sunzu2@thebrainbin.org 2 points 10 hours ago

They get paid these big money to do stock buy backs and other crime against labour.

Compensation Committee is a check on their priorities that board wants executed

The more tricks a ceo whore do, the better the comp package.

[-] Blum0108@lemmy.world 12 points 1 day ago

I'd love to see a federal cap as a percentage of minimum earner's wage. They have an overinflated self worth and are ruining the world with their greed and hubris.

[-] neuracnu@lemmy.blahaj.zone 4 points 23 hours ago

The new offer would not restore a traditional pension plan — a key demand of the 33,000 striking workers — but it would increase the amount of contributions to 401(k) retirement plans that Boeing would match.

https://www.yahoo.com/news/huge-striking-boeing-workers-near-042024828.html

[-] nieceandtows@programming.dev 4 points 1 day ago
[-] MNByChoice@midwest.social 9 points 1 day ago

The tentative agreement — which will have to receive a majority from union members before finalized — includes a 35% wage increase over four years of the contract, a larger signing bonus of $7,000, guaranteed minimum payouts in a new annual bonus program, and increased contributions to worker 401(k) retirement plans.

Even over 4 years it is big.

[-] knightly@pawb.social 14 points 23 hours ago

It's inflation plus 2%, nothing spectacular but still a solid win for the union.

this post was submitted on 21 Oct 2024
155 points (98.7% liked)

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